Once one of China’s richest businessmen, Alibaba Group founder Jack Ma mostly disappeared from public view two years ago after a run-in with the authorities.
He has now resurfaced in Tokyo, the Financial Times reported on Tuesday, citing people with direct knowledge of his whereabouts.
Ma, an outspoken teacher-turned-tech titan, was once a high-profile jet-setter who was the face of Chinese Big Tech. But he has been laying low since October 2020, after giving a speech criticising China’s financial regulatory system.
His words angered the Chinese authorities, prompting intense regulatory scrutiny on his businesses, and a wider crackdown on tech firms the country.
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Japan records highest increase in commodity prices in 4 decades
see.news – Nov 26
Official data issued by the Japanese government revealed on Friday that the prices of basic commodities of interest to consumers in the capital, Tokyo, rose by 3.6% in November compared to the same period in the previous year, recording the largest increase since 1982 amid the rise in energy and food prices, which have increasingly put pressure on household budgets.
New banknotes put to the test
TV Asahi – Nov 22
The National Printing Bureau in Tokyo is testing whether supermarket cash registers, vending machines, ATMs, etc. can read new banknotes without problems ahead of issuance in 2024.
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