I'd live to get one - Chinese, Korean whatever. Tremendous tool!
Posted on 06/19/2017 9:46:42 PM PDT by 2ndDivisionVet
Alibaba Group Holdings (BABA) stock is up 58% this year in U.S. trading as the company talks up global expansion.
This week in Detroit, Alibaba will be proselytizing to an estimated 3,000 U.S. small-business owners on how to market goods to Chinese consumers, and get them there. At the start of the year, Alibaba executive Chairman Jack Ma said the company could create "1 million jobs over the next five years by enabling 1 million American small businesses and farmers to sell U.S. goods to China and Asian consumers on the Alibaba platform."
In a fresh video, Bloomberg Reporter Selina Wang questioned Alibaba's claim that it could add 1 million jobs. She interviewed small U.S. business owners who say it is impossible to know what this kind of trade would look like, and how much labor would be required.
Asked about the cost, trust and brand awareness required of a U.S. company that wants to do business in China, Wang said.....
(Excerpt) Read more at barrons.com ...
Probably not and it’s a trap.
We buy many billions of dollars of Chinese goods and services every year. Wouldn’t it be nice if they bought from us, too?
In theory.
There’s no “theory” involved in our trade imbalance with China.
Non sequitur. There being a trade imbalance doesn’t mean the communist don’t use economic overtures for their own interests.
Alibaba has ulterior motives.
People can continue to chase the Chinese Chimera all they want.
But until regime change happens there, business will not be free, fair or open.
400 Million Customers, by Carl Crow.
https://www.amazon.com/400-Million-Customers-Carl-Crow/dp/0968045901
It’s a book 80 years old now.
Still the elusive dream.
One could have said the same thing about the Obama, Clinton, Johnson and Roosevelt administration, nicht wehr?
“One could have said the same thing about the Obama, Clinton, Johnson and Roosevelt administration, nicht wehr?”
Said what?
And I don’t know what night weir means.
Alibaba is the biggest Enron of the 21st century (among non-governmental corporations), so far.
chick fil-a could if they would only expand to more parts of the US
Or Bojangles Chicken. Or Culver’s.
Why not? The US Dept of Labor has been creating millions of jobs on paper when they manufacture them out of thin air with their phony “birth/death” model each month. It was shown recently that over many years, this statistical adjustment factor (political at-will fudge factor) was responsible for creating (inventing the existence of) 93% of the new jobs the DOL reported as having been created as a part of their magical-thinking model for calculating a greatly distorted US national unemployment figure each month...
No reason this Chinese company can’t try to play in the same game, somehow!
Or maybe he’s sincere?
Nicht wehr? = Isn’t it true?
Alibaba is China’s Amazon. In my stock portfolio, I have a few Chinese stocks (Alibaba, Home Inn - a Chinese hotel chain, Haier, Sinopharm, Parkson Retail, Great Wall and Sinovac Biotech.)
What is that supposed to mean?
I'd live to get one - Chinese, Korean whatever. Tremendous tool!
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