US president-elect Donald Trump held a meeting with prominent Chinese entrepreneur Jack Ma in New York. Ma said that Alibaba has the potential to create thousands of jobs by letting US businesses sell to China. Both Trump and Ma agreed that Sino-US relationship needs to be strengthened.
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Alibaba platform is reported to account for up to 80 percent online purchases in China. Alibaba’s CEO said that farmers and small clothing makers in the US Midwest should take this opportunity to reach out people in China.
The Chinese company’s spokesman Bob Christie said that Alibaba may aid in creating one million new jobs over the next five years as small businesses will need to hire more people for dealing with Alibaba.