By Selena Li and Kane Wu
HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a meeting with President Xi Jinping and that his company would re-commence hiring.
“I think we have seen a very clear sign of businesses entrepreneurs becoming more confident since January, since President Xi met with private businesses,” Tsai told HSBC’S Global Investment Summit in Hong Kong.
“And that was a very, very clear signal to the business community that, go ahead, reinvest in your business and also go out and hire people.”
“So I think we’ve reached the bottom, and we’re going to start to reboot and rehire so once you hire people, that gives people job security,” he added.
(Reporting by Selena Li and Kane Wu in Hong Kong; Writing by Scott Murdoch; Editing by Edwina Gibbs)
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