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.

Comments

So the Young Communist League...

[Nova Express]

...is supporting grass roots capitalism.

Somewhere in the afterlife she didn't believe in, Ayn Rand must be smiling...