HONG KONG (Reuters) — Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following Chinese President Xi Jinping’s February meeting with business entrepreneurs.
The rare meeting with Alibaba co-founder Jack Ma and other big names in Chinese tech marked a distinct thawing in Beijing’s approach to the sector. The industry was hit by a regulatory clampdown four years ago that had sapped corporate appetite for investment and led to widespread layoffs.
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