Rather than spur a relief
rally in China s battered tech sector, the past week s
developments at Jack Ma-founded Ant Group have merely reminded
global investors of the fickle nature of the.
Foreign Cash Streaming Back to China After Alibaba's Plans usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
China has since late 2020 waged a crackdown on a broad range of industries, leaving startups and its biggest companies alike operating in an uncertain environment.
SHANGHAI: Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to business as economic growth gains traction.
Foreign investors are steadily marching into China in the wake of Alibaba s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier. | April 4, 2023