China’s lofty property prices are prompting the country’s tech titans to revive old-school communist policies and help put a roof over their employees’ heads.
While a few decades ago workers were housed in basic accommodation owned by the state, today some of China’s biggest private companies are doling out interest-free loans and subsidies to enable workers to buy their own homes.
Alibaba and Tencent, two of the country’s internet trinity, are among those helping employees buy apartments.
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