Tuesday, January 10, 2017

1,000,000 Jobs (The Deal Maker)

Donald Trump has 'great meeting' with Alibaba boss Jack Ma
Alibaba Group Holding Ltd (BABA.N) expects the initiative to create one million U.S. jobs as each company adds a position, company spokesman Bob Christie said in a phone call.

Ma said the two mainly discussed supporting small businesses, especially in the Midwest, such as farmers and small clothing makers, who could tap the Chinese market directly through Alibaba, whose Tmall online shopping platform offers virtual store fronts and payment portals to merchants.

What's really smart about it is that puts China on its heels.