Alibaba pledges $15.5 billion to help China achieve ‘common prosperity’

Alibaba is pouring 100 billion yuan ($15.5 billion) into China’s drive to achieve “common prosperity,” marking the latest big pledge from a Chinese company to support President Xi Jinping’s campaign.

Alibaba is pouring 100 billion yuan ($15.5 billion) into China’s drive to achieve “common prosperity,” marking the latest big pledge from a Chinese company to support President Xi Jinping’s campaign.