Alibaba’s Jack Ma meets Donald Trump, vows to create 1M jobs in US
Jan 10, 2017 07:31 AM EST
Alibaba Group founder Jack Ma was spotted with President-elect Donald Trump at the Trump Tower last Monday. The two business moguls met with the members of the media shortly after they finished with their own meeting.
Ma and Trump discussed their approach towards the creation of 1 million jobs in the US, particularly by enabling small and medium-sized business organizations to make their commodities available to China by means of various platforms.
"$BABA wants to create US jobs by helping US small businesses and farmers sell to China's 300 million-strong middle class," Alibaba said in a tweet.
According to Trump, the two of them had “a great meeting” and that Ma is a “great entrepreneur” and that he remains to be “one of the best in the world.”
"He loves this country," Trump added, "and he loves China."
In their meeting with the reporters, Ma explained their plans to enable products from the U.S., including “garments, wine, and fruit” to be made available on the platform. He also touched on the subject of improving the China-U.S. relations.
Trump previously criticized China, calling out its economic reforms and accusing it of taking jobs and other opportunities for the U.S. He even mentioned his possible plans of increasing the tariffs on the Chinese products that come into the U.S.
Meanwhile, Ma’s Alibaba Group has extensive plans to expand and reach out to the U.S. Aside from moving into a headquarters in New York City, the giant organization also aims to participate in the Singles’ Day sale.
Weeks before his meeting with Ma, Trump also conferred with Softbank CEO Masayoshi Son. Alibaba also tweeted pictures of Ma walking to meet Trump and waiting inside Trump Tower. According to the President-elect, Son’s funds and investments will aid in the creation of at least 50,000 job opportunities.