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    China’s JD.com promotes finance chief to CEO role as Xu Lei resigns

    Xu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had resigned to spend more time with his family.

    Beijing Tech Crackdown: Richard Liu, billionaire founder of JD.Com, steps down as CEO

    Chinese eCommerce giant JD.COM's CEO has stepped down because of the tech crackdown, and now, the president of the company, XU Lei, will become the new CEO.

    China says will quicken special funds spending to support economy

    By the end of October, local governments had spent 1.198 trillion yuan ($180.7 billion), accounting for 70.9% of special funds actually allocated from the central government, vice finance minister Xu Hongcai said.

    In land of big data, China sets individual privacy rights

    The legislation is part of China's first civil code, a sweeping package of laws that is being deliberated during the annual meeting of parliament, which began on Friday after a delay of more than two months due to the coronavirus.

    Alibaba founder Jack Ma reclaims top spot among Chinese billionaires

    Ma, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has pipped Chinese property mogul Xu Jiayin.

    US election guide to markets: What to watch once it’s all over

    The S&P 500 broke its longest losing streak in 36 years and regained most of what it had lost since the FBI reignited the e- mail controversy on Oct. 28.

    The Economic Times
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