Pacific Epoch CEO on Alibaba, China Tech

The video discusses Alibaba's current challenges, including reduced discretionary spending in China and pricing issues. Regulatory constraints have also impacted Alibaba's competitiveness. The competitive landscape is analyzed, highlighting JD's strong market performance and growth strategies. JD is gaining market share by focusing on FMCG and controlling distribution channels, while Alibaba faces competition from live streaming platforms.

What factors could lead to a potential increase in consumer discretionary spending in 2022?

In what ways is JD.com outperforming Alibaba in the current market?