Alibaba pledges to help China buy $ 200 billion worth of goods over the next 5 years



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Daniel Zhang, President and CEO of Alibaba Group Holding Ltd., speaks at a press conference in Shanghai, China.

Bloomberg | Getty Images

Daniel Zhang, President and CEO of Alibaba Group Holding Ltd., speaks at a press conference in Shanghai, China.

SHANGHAI, China – E-commerce giant Alibaba announced Tuesday its intention to help global companies sell $ 200 billion worth of goods to China over the next five years.

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