China’s Jack Ma promises Trump Alibaba will create 1-million US jobs
New York — Alibaba Group chairman Jack Ma met Donald Trump on Monday to discuss how the online retailer could help create 1-million new US jobs, homing in on one of the president-elect’s chief concerns amid fraught relations between China and the incoming administration. The Chinese e-commerce giant said the positions would be generated through Alibaba adding 1-million small-and medium-sized US businesses to its platforms, estimating that each one will hire a new person as a result of the added commerce. Several other top executives have met with Trump in his New York headquarters promising to create US jobs, but Ma’s 40-minute sit-down comes after Trump has called for high tariffs on trade with China, accused the country of stealing jobs from Americans, and incited political controversy by reaching out to Taiwan. Alibaba was also recently put back on the US "notorious markets" list, with its Taobao website cited as a haven for fake merchandise, suggesting it hasn’t done enough to f...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.