Posted inChina

Alibaba digs deep for Xi’s ‘common prosperity’ push

It’s all about “common prosperity,” or at least, that’s what we are being told. China’s Alibaba Group will invest 100 billion yuan (US$15.5bn) by 2025 in support of the latter, becoming the latest corporate giant to pledge support for the latest initiative driven by the president, Xi Jinping, The Guardian reported. The Chinese e-commerce giant will […]

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