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Alibaba bets on overseas e-commerce unit amid sluggish growth in China
- WiSaGaN 3y agoI have recently been amazed by the doublespeak used by these media outlets to describe China's economy. China's real GDP growth for 2023 was 5.2%, yet it was labeled as 'sluggish', whereas the US growth rate was 2.5%, but described as 'thriving'. Not to mention, major economies like Germany, Japan, and the UK are in recession.
- teddyX 3y agoDidn’t realize they owned lazada. Very poor integration if they do.