China’s Ma pledges to create US jobs during Trump visit
Alibaba Group undertakes to add 1-million businesses to platforms
Alibaba Group Holding chairman Jack Ma met Donald Trump on Monday to discuss how the online retailer could help create 1-million US jobs, keying 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 each one will hire a new person as a result of the added commerce. Several other top executives have met 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 US citizens 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 has not done enough to fight counterfeit...
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