Alibaba Founder:1 Million Jobs Can't be Created

  • Alibaba's chief Jack Ma, who grabbed headlines last year after pledging to create 1 million US jobs, has pointed towards the dimming of that possibility. Speaking to a news agency on Wednesday, Ma stated that the trade war going on between the US and China has marred the job plan. He stated that “This promise was on the basis of friendly China-US cooperation and reasonable bilateral trade relations, but the current situation has already destroyed that basis. This promise can't be completed.” However, the analysts expressed doubts over the plans in 2017 only when Ma made the promise.