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Alibaba's Ma Says No Chance of US Trade War with China

Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new future plans.
Jack Ma | Source: Google Copyright Free Images
By
  • Reuters

DAVOS, Switzerland — China and the United States are not about to be drawn into a trade war, Alibaba executive chairman Jack Ma said on Wednesday at the World Economic Forum (WEF) in Davos.

"China and (the) US will never have a trade war. Give Trump some time. He's open minded," Ma told a panel at the meeting of business and political leaders in the Swiss Alps.

Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new plan to bring one million small US businesses onto its platform to sell to Chinese consumers over the next five years.

By Alexander Smith; editor David Goodman.

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