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Alibaba's Jack Ma says Trump's trade war killed promise of 1 million U.S. jobs
NBC News ^ | September 20, 2018 | Reuters

Posted on 09/20/2018 10:36:25 AM PDT by 2ndDivisionVet

Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to trade tensions between Washington and Beijing, China's Xinhua news agency reported Wednesday.

Ma has already warned that the trade war between the world's two largest economies could last decades and that China should focus exports on the "Silk Road" trade route, citing Africa, Southeast Asia and Europe.

Ma met President Donald Trump two years ago and laid out the Chinese e-commerce giant's plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years....

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: china; hiring; jobs; trade
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To: Harpotoo

Your point is absolutely correct...the Chinese government will wake up one day and consume Ma in one swift arrest...taking his money...and he’ll be stuck away in some prison for the rest of his life. If I were him....I’d move a hundred-million out of the country...buy a sailboat and just disappear into the Caribbean.


21 posted on 09/20/2018 10:52:02 AM PDT by pepsionice
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To: 2ndDivisionVet

Yeah. 1 million jobs. Sure


22 posted on 09/20/2018 10:52:35 AM PDT by AppyPappy (How many fingers am I holding up, Winston?)
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To: 2ndDivisionVet
"Ma met President Donald Trump two years ago and laid out the Chinese e-commerce giant's plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years...."

So Ma is going to block them? And his "plan" to create one million jobs means that he was going to bring these small businesses on and each one would add one job to handle the volume?

Sounds like Ma was talking out of his rear.

23 posted on 09/20/2018 10:54:28 AM PDT by cincinnati65
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To: 2ndDivisionVet

No thanks. We Americans will create our own jobs. We don’t need Ma getting rich off our labor.


24 posted on 09/20/2018 10:56:54 AM PDT by No Socialist
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To: Harpotoo

PRC-controlled?

Who isn’t in China..

Things change, things stay the same.


25 posted on 09/20/2018 10:57:33 AM PDT by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: cincinnati65

Jack Ma suffers from the same disease that affects many of them. Warren Buffet, Mark Cuban, Steve Jobs, etc.

They believe they cannot be wrong so they believe their own nonsense. Cuban is one of the worst offenders, IMHO.


26 posted on 09/20/2018 10:57:46 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: 2ndDivisionVet

those jobs never existed. this company is a on line importer exporter any jobs this company creates would take more jobs away from the united states. and eat into the American company Amazon to create the jobs.


27 posted on 09/20/2018 10:59:00 AM PDT by PCPOET7
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To: 2ndDivisionVet

It is not Donald J. Trumps trade war. It is China’s unfair trade practice being confronted.


28 posted on 09/20/2018 10:59:14 AM PDT by the_daug
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Utter BS.


29 posted on 09/20/2018 11:01:38 AM PDT by Clutch Martin (The trouble ain't that there is too many fools, but that the lightning ain't distributed right.)
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To: 2ndDivisionVet

Jack is a ChiCom first.


30 posted on 09/20/2018 11:03:20 AM PDT by fella ("As it was before Noah so shall it be again,")
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To: DoodleDawg

“I doubt that there was much of anything behind the promise to begin with.”

Agree.


31 posted on 09/20/2018 11:13:00 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: 2ndDivisionVet

I would think Trump’s tariffs would create more jobs in the US and therefore make it easier for Mr. Ma.


32 posted on 09/20/2018 11:14:01 AM PDT by caver
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To: the_daug
"It is not Donald J. Trumps trade war. It is China’s unfair trade practice being confronted."

Absolutely correct!

If you wish to trade with America you treat us fairly or take a hike.

-------------

Personal experience from being retired in Southeast Asia.....After Alibaba took control of a regional online marketer called Lazada their website turned to predominately PRC companies selling cheap Chinese cr#p instead of name brand products imported and sold by local merchants online. After one sad experience and the trouble of wading through all the PRC junk I wouldn't shop there again.

33 posted on 09/20/2018 11:14:24 AM PDT by Sa-teef
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To: 2ndDivisionVet

Place 100% tariff on anything coming via his companies.


34 posted on 09/20/2018 11:19:04 AM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
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To: mrmeyer

President Trump knew they were liars from the Get Go.


35 posted on 09/20/2018 11:19:57 AM PDT by carmen2017
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To: 2ndDivisionVet

Boo Hoo punk!


36 posted on 09/20/2018 11:20:48 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: adorno

I concluded he was a BS artist when he first MADE the “promise” and this just seals it for me.


37 posted on 09/20/2018 11:21:40 AM PDT by Tucker39 ("It is impossible to rightly govern a nation without God and the Bible." George Washington)
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To: 2ndDivisionVet

Jack Ma is really concerned about those U.S. jobs. Yeah, right.


38 posted on 09/20/2018 11:29:47 AM PDT by cdcdawg
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To: chris37

What is it about those “Mao” jackets they love so much????


39 posted on 09/20/2018 11:38:23 AM PDT by JBW1949 (I'm really PC....PATRIOTICALLY CORRECT!!!!)
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To: 2ndDivisionVet

Africa and South East Asia as America replacing markets?

ROFL.

Yeah. That’s gonna work.

And Europe too? Not a chance, once they tariff and tax your cheap China crap to the same price or higher than the local made stuff.


40 posted on 09/20/2018 11:51:48 AM PDT by Grimmy (equivocation is but the first step along the road to capitulation)
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