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Can we really crawl out of the economic gutter?

Where is the demand to come from? That is the crucial economic question these days. If we can’t answer it (and for now, we can’t), then the outlook is bleak. It implies a weak recovery or — worse — a Depression-like stagnation with massive joblessness. Economists project the recovery to begin sometime in the summer. But who will do the ...

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Alibaba’s virus crisis response is in cloud

Alibaba Group Holding Ltd is doubling down on its cloud strategy with a $28 billion increase in spending over the next three years. Ignore for a moment that huge number, and turn instead to what this says about the e-commerce company’s priorities. China’s largest technology company is essentially admitting that the consumer story may have run its course, and the ...

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Covid-19 gives China cover to behave badly

The coronavirus may have upended life as we know it, but one thing hasn’t changed: Companies looking to flout good governance practices will find a way. Now they have the perfect cover — and once again, China is leading the way. While online investor meetings are becoming standard, HNA Group Co took the practice to the extreme last week. Last ...

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