Comment on Alibaba symbol of China's new tech giants

Alibaba symbol of China's new tech giants

BEIJING (AP) — Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy. [...] Chinese companies that made a splash in global stock markets were state-owned banks and oil companies. By contrast, private sector tech champions such as Lenovo Group in personal computers and search engine Baidu Inc.

 

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