HONG KONG (Reuters) – Alibaba Group 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 planned to begin re-hiring after reaching the bottom of the business cycle.
(Reporting by Selena Li and Kane Wu in Hong Kong; Writing by Scott Murdoch; Editing by Tom Hogue)
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