Posted inChina

Jack Ma re-emerges on the digital yuan vanguard

Months after his run-in with Beijing authorities, one that scrapped history’s biggest initial public offering, Jack Ma’s true whereabouts have finally been verified: at the very center of Xi Jinping’s boldest effort yet to modernize China’s economy. Literally. For 25 years now, economists buzzed about the shift to a “cashless society.” The obvious efficiency and […]