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Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth

Chinese President Xi Jinping (R) with Leading Li Keqiang (L) and members of the Politburo Standing Committee in September 2021.Greg Baker/AFP by way of Getty Photos) Alibaba and JD.com jumped Friday as Chinese officials reported they would bolster the overall economy. China’s Politburo signaled guidance for the tech sector, which […]