Trump, Alibaba Head Tout US Job Creation

Alibaba fakes

Jack Ma, owner founder of Chinese e-commerce juggernaut Alibaba, was the latest in a long list of business leaders, luminaries and politicos to meet with the President-elect. During Monday’s meeting, the two reportedly discussed a plan to create a million new jobs in the U.S. through small businesses selling to China and the rest of Asia. However, neither side offered specificity on the types of jobs or timing. Further, Ma’s commitment to boosting the sale of goods from U.S. companies in China predates any discussions with the Trump team. And the relationship between the U.S. government and Alibaba has been rocky, with concerns about counterfeiting on its sites and its financial reporting.

(Related on SJ: China Set for Trade War if Trump Imposes Tariffs)


Recent News

Textile Trends to Channel Non-Traditional Beauty for Autumn/Winter 2018-19

Fashion can’t escape what’s happening in the world whether it wants to or not, and for the Autumn/Winter 2018-19 season, textiles will look to balance all that’s been upended.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Bangladesh Moves to Ease Congestion at Chittagong Port After Two-Week Delays

The Chittagong Port Authority has taken steps to alleviate the congestion situation at Bangladesh’s top port, but no comprehensive plan is in the works to fix what has been a long-term logistical problem.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Egypt’s Cotton Industry Gets $1.72 Million Injection

Looking to boost cotton quality and exports, Egypt’s Ministry of Trade and Industry has signed a cooperation protocol with United Nations Industrial Development Organization (UNIDO) and the Italian Development Cooperation.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more