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Barchart
Wajeeh Khan

China Is Stepping in to Help Alibaba Amid a Major Price War. Does That Make BABA Stock a Buy Here?

Alibaba (BABA) shares are rallying this morning after China announced a new action plan aimed at accelerating artificial intelligence (AI) adoption in manufacturing. 

The initiative dubbed “AI+ Manufacturing” will fund thousands of Beijing’s “little giant” startups, helping them invest more in research and development (R&D). 

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