Alibaba results likely to dim outlook for China consumer spending

03:04 26.10.2015
(By John Ruwitch, Reuters) – Chinese e-commerce giant Alibaba second-quarter revenue growth is likely to have slumped to half the year-earlier rate, undermining hopes consumer spending will temper a slowdown in the world’s second-biggest economy. Beijing is hoping that private consumption will pick up the slack as exports fall and it tries to rebalance the […]...
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