Jack Ma Ends Pledge of Creating One Million Jobs in US

Remigio Civitarese
Settembre 21, 2018

Experts have said that Ma's promise to enable 1 million American small businesses and farmers to sell their goods on the Alibaba platform over the next five years was lofty to begin with.

In an interview with Chinese outlet Xinhua, Ma said recent back-and-forth tariffs between the U.S. and China made the pledge - which was heavily touted by Trump in the early days of the transition period - unworkable.

"The current situation has already destroyed the original premise", he said.

"That premise no longer exists today, so our promise can not be fulfilled", he said.

"This commitment is based on friendly China-US cooperation and the rational and objective premise of bilateral trade", Ma told Xinhua.

Ma also said that trade should be used as a tool for peace rather than a weapon.

Alibaba has established a quantum computing laboratory now proceeding with 81-bit random quantum network simulation, and plans to release standard quantum chips in the next 2-3 years, Zhang was cited as saying.

He said business opportunities are still bountiful in the world, such as in Europe, South America, Russia and Africa. "But we won't stop working hard, working hard to promote the healthy development of U.S".

Ma announced this month he would step down as head of the pioneering Chinese e-commerce giant next year, handing over to CEO and anointed successor Daniel Zhang.

Alibaba Group senior vice president and Alibaba Cloud president Simon Hu says the company's solutions will exceed the cloud computing needs of enterprises with greater flexibility and data deployment options.

The tech tycoon's remarks come shortly after the Trump administration issued a new round of tariffs on $200 billion of Chinese imports, which go into effect on September 24, that will start at a rate of 10 percent and rise to 25 percent at year's end.

Alibaba Cloud's City Brain solution has been piloted at the company's headquarters in Hangzhou, capital of Zhejiang province, since 2017, using artificial intelligence (AI) technology in urban management. Instead of building factories, or establishing Alibaba operation centers in the U.S., the Chinese billionaire expressed hope that small American businesses can sell goods to consumers in China thereby creating more domestic jobs in the US.

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