Bloomberg’s incorrect prediction of Jack Ma’s self-exile made his return more dramatic

After wandering in semi-exile for over a year, Alibaba’s founder returned to China at the request of Chinese leadership. Bloomberg mistakenly predicted that he would stay in the West. However, Chinese media gave Jack Ma’s return high publicity, including Bloomberg’s mistake. Jack Ma’s return was timed with the China Development Forum in Beijing, attended by dozens of world business leaders such as Tim Cook, to boost investor confidence in the Chinese economy.