this is what Jack Ma told his son.

[JustLikeThis]

https://www.zerohedge.com/news/2018...1-million-us-jobs-amid-us-china-trade-dispute

Alibaba founder and Chairman Jack Ma says that the Chinese retail giant won't follow through on a promise to create 1 million jobs in the United States due to the ongoing trade dispute between Washington and Beijing, according to CNBC.

Ma made the promise during a high-profile January 2017 meeting with then-President-Elect Donald Trump.

"The promise was made on the premise of friendly US-China partnership and rational trade relations," Ma told Chinese news site Xinhua on Wednesday. "That premise no longer exists today, so our promise cannot be fulfilled."​

Ma, who recently announced that he will step down as Alibaba chairman within a year, added that the company would "not stop working hard to contribute to the healthy development of China-US trade."​

A convenient excuse?
Ma's promise of 1 million US jobs was already considered "ambitious" (if we're being generous) - considering that WalMart, the nation's largest private employer, has 1.5 million employees. Ma's promise would decrease the number of unemployed Americans by a 14%.
Ma's plan was to enable one million US small businesses to sell American goods to consumers throughout Asia over Alibaba's Taobao and Tmall shopping sites. Adding one million individual American brands onto the platforms would have required a 142-fold increase in sales.

Meanwhile, Tmall has been reportedly punishing major brands who refused to enter exclusive partnerships with Alibaba.

Executives from five major consumer brands told the AP that after they refused to enter exclusive partnerships with Alibaba, traffic to their Tmall storefronts fell, hurting sales. Three are American companies with billions in annual sales that rely on China for growth.​

...​

executives soon learned that what Alibaba gives, it can also take away.​

The company refused to sign an exclusive contract with Alibaba, and instead participated in a big sale promotion with its archrival, JD.com. Tmall punished them by taking steps to cut traffic to their storefront, two executives told The Associated Press.
​

No word on how many US jobs Ma's promise actually created in the 20 months between when he made it and when he broke it.

 

[myfoot123]

https://www.zerohedge.com/news/2018...1-million-us-jobs-amid-us-china-trade-dispute

Alibaba founder and Chairman Jack Ma says that the Chinese retail giant won't follow through on a promise to create 1 million jobs in the United States due to the ongoing trade dispute between Washington and Beijing, according to CNBC.

Donald Trump won't buy that shit unlike what PAP did to its own people. Foreign investors, are just excuse to bring in their own native to other people country to mess other people life. It is no longer economically viable with influx of immigrants, that brought in lots of issues like of health, security and infrastructure concerns. Other countries should take a hard look at how costly Singaporeans havey paid the price, for influx of immigrants, and every systems and infrastructures seems to be collapsing momentarily without even needing an earthquake or tsunami to finish Singapore off the map..