Despite his immense fortune, Zhong Shanshan is known for maintaining a low public profile, earning him the title 'Lone Wolf'.

Pillay is an editorial fellow at TIME. Pillay is an editorial fellow at TIME.

Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi Jinping. Since the meeting, Alibaba's stock has

A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold—though experts advise caution.

The shock entrance of DeepSeek in the race to develop advanced artificial intelligence has put the world on notice as to China's innovation prowess, a high-ranking Beijing official said Thursday. "It is not just that the field of AI has been deeply shocked,

BEIJING (AP) — Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing.

Xi is permitting Ma’s return, but he has not fully reinstated him. The government may be offering him a chance to contribute again — but with strict conditions.