Alibaba’s co-founder Jack Ma has cancelled his promise of establishing 1 million jobs in the US due to the ongoing trade war. This trade war, he stated, will last for decades and prevent significant partnership growth between the countries. Given the trade war, he has argued that China should instead focus on its “Silk Road” projects across Africa, Asia, and Europe.
Source: Alibaba’s Jack Ma says people should prepare for 20 years of China-U.S. trade war | Reuters