Alibaba saw a surge in profits in Q1 2024. Image: X Screengrab

China’s gross domestic product (GDP) data is taking a backseat to strong tech company results that some reckon signal better days ahead for Xi Jinping’s mainly underperforming economy. China’s official data readouts these days can make for sobering reading. Though headline economic growth is progressing, there are few signs of clear and sustainable acceleration as […]

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