Jack Ma of Alibaba talks sense about US trade brouhaha

By Dan Wilson April 13, 2018 - 7:58 am

That Jack Ma is one of the more interesting faces in global ecommerce. He is now fantastically rich having founded Alibaba and he’s presided over amazing diversification in that business too. And, unlike the likes of Jeff Bezos, he has retained a normality and everyday quality that isn’t always seen in billionaires. As he says: “I am struggling to understand why a trade war with China would be good for the U.S. economy.”

In a surprisingly candid statement Jack Ma, who still leads Alibaba, has spoken freely and at length about his concerns and ambitions:

With average urban income growing at almost double digits and an emerging middle class of 300 million, Chinese consumers are already driving massive demand for imports from all over the world. Last year, President Xi Jinping said at the World Economic Forum that over the coming five years, China will import $8 trillion of goods.

It is therefore ironic that the U.S. administration is waging a trade war at a time when the largest potential consumer market in the world is open for business. Is America going to forfeit this opportunity?
– Jack Ma, Alibaba

You can read his full rumination piece here.

Ma is right to speak up about what is increasingly becoming a trade war between the States and China. It may be international posturing but it does also represent a problem for ecommerce merchants too. Especially those who import goods from China. Ma ntelligently argues for calm heads to prevail that is both timely and entirely correct.

And it is also in stark contrast to President Donald Trump’s base and stupid protectionist stance. What say you?

Comments are closed.

Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.


Alibaba is China’s biggest online commerce company that offers consumer-to-consumer, business-to-consumer and business-to-business sales.

See More Companies >

Recent Comments

36 mins ago
theghostofjames: I had actually commented earlier, but apparently i'm outright banned from tamebay these days. ...
51 mins ago
Stephen Wright: One thing I'm amazed that you still can't filter by on eBay - NEXT DAY...
1 hour ago
Gav: There's 2 ways of doing it. Promotion would cover a mix and match type multi-buy....
1 hour ago
Dav: Fast & Free/Guaranteed Delivery is just another eBay gimmick for buyers in a long line...