Alibaba CEO Jack Ma might have turned skeptical about his promise to create 1 million US jobs, as U.S.-China trade tensions keep escalating.
Last year, Jack Ma was eager to help American small businesses to sell their products to Chinese customers via Alibaba’s platform – a move he expected would boost jobs in the U.S. But given the intensifying US.-China trade wars in recent times, Ma seems unsure about following up on his earlier promise.
"This promise was on the basis of friendly China-US cooperation and reasonable bilateral trade relations, but the current situation has already destroyed that basis," Ma said in an interview published late Wednesday by China's official news agency, Xinhua. "This promise can't be completed." Alibaba’s spokesperson confirmed the comments to CNN. However, as a strong supporter of globalization, Jack Ma also mentioned in the same interview about how Alibaba "will not stop promoting the healthy development of China-US trade."