💨 Abstract

Alibaba Group Chairman Joe Tsai stated that Chinese business entrepreneurs are more confident following a tech summit led by President Xi Jinping. Tsai noted higher sentiment in China's private business sector and revealed Alibaba's plans to start re-hiring after reaching the bottom of the business cycle. The announcement was made at HSBC'S Global Investment Summit in Hong Kong.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖