Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday. The meeting signaled Beijing’s endorsement for a long-marginalized private sector now considered key to reviving the country's economy. Bloomberg's Tom Mackenzie breaks down the situation and its significance.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance:
Visit for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X:
Facebook:
Instagram:
Connect with Bloomberg Business on:
X:
Facebook:
Instagram:
TikTok:
Reddit:
LinkedIn:
More from Bloomberg:
Bloomberg Radio:
Bloomberg Surveillance:
Bloomberg Politics:
Bloomberg Originals:
Watch more on YouTube:
Bloomberg Technology:
Bloomberg Originals:
Bloomberg Quicktake:
Bloomberg Espanol:
Bloomberg Podcasts:
|
Citadel founder and CEO Ken Griffin says...
General Motors Co. shares fell as shareh...
The tide is turning on neoclouds, a busi...
Rebecca Rettig, COO and chief legal offi...
Four founders from one of China's up-and...
ASI founder and CEO Phillip Buckendorf e...
Former Google CEO Eric Schmidt owns arou...
Anthropic is in talks with Nscale for a ...
Netflix has lost about $135 billion in m...
GREENWICH, Conn.—This is a town that has...
Ahead of her Broadway debut in the drama...
Z.AI Founds Worked with Accused Chinese Spy Group
Four founders from one of China's up-and...
India Will Never Be Like China - Here's Why
If India's manufacturing sector grew at ...
Greg Jensen on the Odd Lots Podcast: A February 2020 Moment for AI
Managing CIO Greg Jensen joined Joe Weis...
Why Chinese cars are conquering Europe | FT #shorts
Are Chinese cars conquering Europe? They...
Taiwan's $4B Push to Rebuild Nvidia's AI Supply Chain in the US
Taiwan is pouring billions into the Unit...
Z.AI Founds Worked with Accused Chinese Spy Group
Four founders from one of China's up-and...
Taiwan's $4B Push to Rebuild Nvidia's AI Supply Chain in the US
Taiwan is pouring billions into the Unit...
Why Chinese cars are conquering Europe | FT #shorts
Are Chinese cars conquering Europe? They...
Greg Jensen on the Odd Lots Podcast: A February 2020 Moment for AI
Managing CIO Greg Jensen joined Joe Weis...
India Will Never Be Like China - Here's Why
If India's manufacturing sector grew at ...