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RE: China and Coronavirus (COVID-19); Alibaba supports chinese marchants

in Project HOPE5 years ago

It is amazing the amount of money the chinese government are pumping into COVID-19. It starts to amaze me if china is so rich that i haven't heard of their government borrowing money from neighbouring countries yet they keep pumping in money as well as buying stocks to keep the stock market stable.

Alibaba has done something remarkable to assist China although it has lost a lot in the stockmarket since the beginning of the epidemic. It is a good thing that he is supporting chinese online entrepreneurs

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It starts to amaze me if china is so rich that i haven't heard of their government borrowing money from neighbouring countries yet they keep pumping in money as well as buying stocks to keep the stock market stable.

This is a very good observation. I guess china is rich enough to handle coronavirus, being an economic power is not a title for poor countries.

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