Alibaba company abandoned a plan to create a million jobs in the US

Jack Ma, founder and chairman of the board of the Chinese company Alibaba Group, said that one of the world's largest online retailers cancels the plan to create 1 million jobs in the US.

Фото: Depositphotos

According to Ma, who is quoted by the Chinese state news agency Xinhua, this decision is connected with the trade war between Washington and Beijing, writes Voice of America.

In an interview with Xinhua, Ma explained that the decision to create a million jobs was made at a time when "China and the United States were good trading partners." In the current situation, the founder of Alibaba believes, "this promise is impossible to fulfill."

Earlier, Ma had promised to promote job growth in the United States. To this end, he planned to allow American small companies and farms to sell their products through the Alibaba site. This online store is one of the most visited in the world. Ma promised to let Americans on Alibaba at the start of 2017, during a meeting with the newly elected president, Donald Trump.

At the conference with investors Alibaba, which took place on September 18, Ma said that the economic relations between China and the United States are in a terrible state. The consequences of the trade war will be felt for decades, warned one of the richest Chinese businessmen. In 2017, Forbes magazine estimated Jack Ma's fortune at $ 38,6 billion.

Last Monday, Trump imposed 10-percent duties on imports of Chinese goods worth $ 200 billion. In case China tried to give the United States a mirror response, Trump threatened to impose taxes on imports from China in the amount of $ 267 billion.

Photo: Valery Sharifulin / TASS

September 18 Chinese authorities imposed duties on imports from the United States in the amount of about $ 60 billion.

Recall that in 2016, the Chairman of the Board of Directors of the Chinese company Alibaba Jack Ma Meets Donald Trumpto discuss plans to create a million jobs in the US. It was assumed that jobs will be created over the next 5 years.

Ma, he said, did not seek to name a specific number of jobs that would be created, but argued that the company plans to invest in American small business. All this was supposed to give an opportunity to "a million small entrepreneurs in the US to sell goods in China and in the Asian market."

Alibaba has not always had a smooth relationship with the United States: in 2015, the Chinese company was under investigation by the US Securities and Exchange Commission, which accused it of unfair accounting practices. If the company did add a million jobs, according to the 2016 year, it would become 4 more than its main competitor, the online retailer Amazon.

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