Source: China – South China Morning PostRichard Liu Qiangdong, the billionaire founder of China’s e-commerce platform JD.com, has given a frontline management position to one of his subordinates to spend more time on long-term strategies and rural development, the company said in a statement.The Beijing-based online retail giant announced on Monday that Xu Lei, the chief executive of JD Retail, was promoted to president of JD to run “day-to-day operations”. He will continue to report to Liu, who remains chairman and CEO.Liu’s move…Read More