Friday, April 19, 2024 | Shawwal 9, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Alibaba’s Ma says 1m US jobs pledge thwarted by trade row

988213
988213
minus
plus

Beijing: Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported on Thursday.


The billionaire owner of China’s largest online shopping portal made the headline-grabbing promise to Donald Trump last year, as Beijing courted the then-newly elected president.


But Ma told official news agency Xinhua his vow had been made on the basis of continued cooperation and trade growth between the US and China, and would now be difficult to fulfil. “The current state of affairs has already destroyed the premise the promise was made on,” Ma said in an interview on Tuesday.


“There is no way to fulfil the promise, but we will not stop our hard work to promote the healthy development of China-US trade.”


Ma’s bold promise following his January 2017 meeting at Trump Tower was greeted with scepticism by analysts at the time, who said the move was more about good PR than substance. — AFP


SHARE ARTICLE
arrow up
home icon