Alibaba's outgoing chair rubs influential elbows

Jack Ma presents a calendar of German Cities dated to 1954 as a gift to German Chancellor Angela Merkel at the opening of CeBIT 2015 technology fair in Hanover, Germany, March 15, 2015. Jack Ma announced in an open letter that he will step down in a year's time as the chair of the company he founded 20 years previous. [Photo: IC]