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Executive: Alibaba will continue to invest aggressively

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Chinese e-commerce giant Alibaba Group Holding Ltd will continue to invest aggressively despite an uncertain business environment, a senior company executive said at a Reuters BreakingViews event on Friday.

Alibaba’s executive vice-chairman Joe Tsai struck an optimistic note about China and said people were over worried about the country’s economy, adding that Chinese consumers were still fundamentally very strong.

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Comments from Tsai come at a time when China‘s economy has seen growth plumb the lowest in nearly three decades amid faltering domestic demand and bruising U.S. tariffs.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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