Sunday 18th February 2018,

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Alibaba’s Jack Ma Meets with Trump. Promises 1 Million Jobs, but Don’t Believe It

posted by Randall

Jack Ma

Jack Ma, Executive Chairman of Alibaba

Alibaba’s executive chairman Jack Ma met with President-elect Donald Trump to discuss his plan to create 1 million jobs in the United States, but that claim is already being met with skepticism.
Alibaba is the Amazon of China and accounts for 80 percent of China’s online shopping market.
Ma would like U.S. businesses to see Alibaba as the gateway to selling goods to Chinese consumers. Details of his plans were vague. Neither he or Trump would elaborate, but Ma specifically mentioned agricultural products like wine and fruit.

Alibaba would later acknowledge to Marketwatch that the jobs created would not be corporate jobs. They would more likely be part of Alibaba’s third party network of sellers, many of whom would also sell on eBay and Amazon.

President-elect Trump has taken credit for creating jobs in the past. In December, Trump took credit for Sprint’s announcement that it would return 5,000 jobs back to the United States, even though Sprint said it was tied to a decision made in October and before Trump was elected President.
He also took credit for United Technologies Corps decision to keep 1,000 jobs in the United States even though that was tied to tax incentives offered by Indiana, not the United States.

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