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Alibaba Founder Jack Ma Meets Trump, Pledges to Create 1 Million U.S. Jobs

January 10, 2017

[Photo:  World Economic Forum from Cologny, Switzerland  /  Wikimedia Commons]

 

"The devil is in the details" - how a million jobs will/can be created is uncertain.

 

Jack Ma, the founder and chairman of Alibaba Group, met with President-elect Donald Trump at Trump Tower on Monday.

 

Ma and Trump met with reporters briefly after the meeting and said they discussed plans to create 1 million U.S. jobs by allowing small and medium-size businesses to sell to China through the company's platforms – items such as "garments, wine, and fruit."

 

Trump has repeatedly attacked China for its economic policies and accused the country of stealing jobs from the U.S. Trump has also said he may raise tariffs on Chinese goods sold in the U.S.

 

Alibaba has been planning to expand more aggressively into the U.S., while expanding its U.S. headquarters in New York City.