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Alibaba's Jack Ma is on his first overseas trip a year after Beijing's started cracking down on his empire, according to reports

Added 10-20-21 01:14:01am EST - “Ma is reportedly in Spain where he will embark on a study tour on agriculture and technology related to environmental issues.” - Businessinsider.com

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Posted By TheNewsCommenter: From Businessinsider.com: “Alibaba's Jack Ma is on his first overseas trip a year after Beijing's started cracking down on his empire, according to reports”. Below is an excerpt from the article.

Alibaba Group Holding founder Jack Ma has made his first trip out of China in over a year, according to several Hong Kong media sources, including South China Morning Post and East Week.

The Chinese billionaire was last seen in Hong Kong, where he met with business associates last week, Reuters reported.

Ma is now in Spain to learn about agriculture and technology related to environmental issues, the South China Morning Post reported, citing an unnamed source familiar with Ma's schedule. The SCMP is owned by Alibaba.

Ma's recent whereabouts have been the subject of intense speculation. The outspoken teacher-turned-tech titan was once a high-profile jetsetter, who spent around a third of his time traveling abroad in 2018, according to SCMP. 

But Ma has been laying low since last October when he gave a speech criticizing China's financial regulatory system. Ma's words angered the Chinese authorities, prompting intense regulatory scrutiny on his businesses.  

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