BEIJING: Alibaba founder Jack Ma and Donald Trump made headlines with the Chinese entrepreneur’s attention-grabbing pledge to create one million US jobs, but analysts say the move is more about generating good PR than substance. ”We don’t have to take the one million job promise too seriously,” Li said. Analysts say Alibaba wants to enhance its imports of US merchandise for Chinese consumers. Even so Ma wants half of Alibaba’s revenue to be international within 10 years. ”Every business person in China, and globally, now knows that what Trump wants to hear about is US jobs.

Source: The Star January 11, 2017 07:14 UTC