Alibaba, the world’s biggest commerce group, delivered a stark warning to incoming US president Donald Trump that any upsets in China relations would be detrimental for the US and ripple across the globe.
Joe Tsai, vice chairman of Alibaba, warned that the rest of the world looked to the US for economic leadership and that any disengagement would be harmful – particularly in the case of China, writes Louse Lucas.
“If Chinese investors cannot invest in the US and create more jobs in the US, then [as president] you would be in trouble. We think the relationship between China and the US will define our century and be crucial for both countries, as well as the rest of the world,” he said.
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