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China’s Alibaba to invest billions by 2025 for ‘common prosperity’

China’s Alibaba to invest billions by 2025 for ‘common prosperity’ Move comes on back of Beijing encouraging firms to share wealth as part of a drive to ease inequality China’s Alibaba Group will invest 100bn yuan ($15.5bn) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge support for […]

China's Parents Say For-Profit Tutoring Ban Helps Only the Rich

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Many families and experts say Beijing’s education overhaul will help the rich and make the system even more competitive for those who can barely afford it.

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