China’s Xi meets with business leaders, including Alibaba cofounder Jack Ma, to boost economy

China’s President Xi Jinping met with private sector business leaders on Monday, state media reported, as government officials work to revive an economy disrupted by a pandemic, regulatory crackdowns and a real estate crisis. Among the delegates was Jack Ma, who founded e-commerce firm Alibaba in the 1990s and was once China’s richest man. He has kept a low profile with few public appearances in recent years after he publicly criticised China’s regulators and financial systems during a speech in Shanghai.