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Tag: Jack Ma

Business
  • Reuters
  • Apr 09, 2025
In China, whispers of change as some companies tell staff to work less

A State Council action plan to boost consumer spending unveiled in March said workers’ rights to rest and vacation should be guaranteed and paid leave should be encouraged. State media have also run articles making those points.

Business
  • AFP
  • Feb 24, 2025
China’s Alibaba to invest $50 bn in AI, cloud computing

Investors have piled into Chinese technology stocks since the start of the year, with Alibaba, which runs some of the country’s biggest online shopping platforms, seeing its shares soar to three-year highs.

Business
  • Web Desk Karachi
  • Feb 18, 2025
Xi meets China’s tech chiefs in bid to boost private sector

The meeting comes at a critical time for China’s economy, which is struggling with an economic downturn driven by a housing crisis, stagnant low consumption, and high youth unemployment.

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