Chinese fiscal reform could be a boon to e-commerce, says Alibaba

The Chinese Government’s sudden affinity for fiscal policy expansion is expected to boost consumer consumption and online business activity from small and medium enterprises (SMEs) through a series of pro-consumption fiscal policies, said Joe Tsai, EVP, Alibaba Group. Such fiscal policies also allay fears that new “e-commerce policies” – which aim to make gray-market transactions […]
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