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Alibaba chairman says China business more confident since Xi's tech summit
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Alibaba chairman says China business more confident since Xi's tech summit
Mar 24, 2025 6:47 PM

HONG KONG, March 25 (Reuters) - Alibaba Group ( BABA )

Chairman Joe Tsai said on Tuesday there were clear signs China's

business entrepreneurs were more confident following a tech

summit led by President Xi Jinping.

Tsai told HSBC'S Global Investment Summit in Hong Kong that

sentiment was now higher in China's private business sector.

He said Alibaba ( BABA ) planned to begin re-hiring after reaching

the bottom of the business cycle.

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