Alibaba To Train a Million Youngsters In E-commerce (thestack.com)
An anonymous reader writes: Alibaba has announced its plans to train a million teenagers and graduates living in rural areas of China to kick-start their own businesses. The Chinese e-commerce giant reached an agreement today with the China Communist Youth League to support the teenagers with funding, training and partnerships. The company's internet financing branch Ant Financial will set aside 1 billion yuan to invest in the training of recent college graduates who want to return to their home-towns and launch businesses.
Why is there a need for people to do this work? How many online shops selling the same thing using images and advertising materials ripped off each other do we need? Call me cynical but this really just looks like party insiders finding yet another way to bleed millions out of a "plump pig" and the flow of money will mostly go into far fewer pockets than people imagine.