Donald Trump has 'great meeting' with Alibaba boss Jack Ma - Share market analysis of dhaka stock exchange, Bangladesh
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
10 January, 2017 04:57 PM Source: BBC NEWS
Alibaba-Donald trump.jpg

US President-elect Donald Trump has held what he said was a "great meeting" in New York with Jack Ma, chairman of the e-commerce site Alibaba.
After the meeting Mr Ma said that both had agreed that US-China relations "should be strengthened, should be more friendly and do better".
Mr Ma said he would help US businesses create a million new jobs by using his website to sell to China.
During his campaign Mr Trump threatened to place tariffs on Chinese imports.
"Jack and I are going to do some great things," Mr Trump told reporters gathering in the Trump Tower lobby as the two emerged from the lift together.

Calling the future US president "smart" and "open-minded", Mr Ma described his company's plan to attract one million small US businesses to its platform in order to sell goods to Chinese consumers.

Company spokesman Bob Christie said that one million new jobs will be created over the next five years as small American businesses hire new employees who will be tasked with interacting with Alibaba.
Mr Ma, who is one of the richest people in China, specifically said that farmers and small clothing makers in the US Midwest should use the Alibaba online marketplace to reach Chinese consumers.
It is estimated that up to 80% of Chinese online purchases are made on the Alibaba platform.
The New York real estate mogul has said that 45% import taxes could be placed on Chinese goods and would come in response to currency manipulation and illegal subsidies by the world's second largest economy.
He has been highly critical of Chinese trade practices, and has appointed noted China critics to key economic cabinet positions in the White House.
Market researchers fear that punitive tariffs would lead to a retaliatory response from China, triggering a trade war. 

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login
Advanced Charts
Market Map
Real-Time Market Watch
Order Book Data
Stock Screener
LankaBangla Client Login
CSE iTrading
DSE iTrading

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2013

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?