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Alibaba's Jack Ma says Trump's trade war killed promise of 1 million U.S. jobs

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Category:  News & Politics

Via:  dulay  •  6 years ago  •  5 comments

Alibaba's Jack Ma says Trump's trade war killed promise of 1 million U.S. jobs
"We should work more in Africa, SEA (South East Asia), Europe," he said.

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"This commitment is based on friendly China-U.S. cooperation and the rational and objective premise of bilateral trade," Ma told Xinhua on Wednesday. "The current situation has already destroyed the original premise. There is no way to deliver the promise."



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Dulay
Professor Guide
1  seeder  Dulay    6 years ago
Ma has already warned that the trade war between the world's two largest economies could last decades and that China should focus exports on the "Silk Road" trade route, citing Africa, Southeast Asia and Europe.
 
 
 
Split Personality
Professor Guide
1.1  Split Personality  replied to  Dulay @1    6 years ago

via overland shipping on railroads they own or control.

No sea lanes.

 
 
 
Dulay
Professor Guide
1.1.1  seeder  Dulay  replied to  Split Personality @1.1    6 years ago

Yep. Not to mention employ primarily Chinese workers for construction and operations. So the countries it is going through won't get more jobs OR revenue from the RR. 

 
 
 
Skrekk
Sophomore Participates
2  Skrekk    6 years ago

On a closely related note it seems that the US under the Trump regime has abdicated its former role as the world's economic and moral leader:

"Putin and Xi are on the same page when it comes to the fundamental concept of a desirable world order," Dmitri Trenin, the director of the Carnegie Moscow Center think tank, wrote in an opinion piece in China Daily, a Chinese state-run newspaper.

Their shared ideals include "several independent power centers instead of a single-nation hegemony; protection of state sovereignty from foreign political and ideological influence; and full equality among peers, including the United States," he wrote last week.

 
 
 
Bob Nelson
Professor Guide
3  Bob Nelson    6 years ago

America was once assumed to be the good guy....

Not any more.

 
 
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