Jack Ma says 1m US jobs pledge thwarted by trade row

Alibaba

Trump said after the meeting that "Jack and I are going to do some great things", bringing more than 1 million small American small businesses onto Alibaba marketplace Tmall and Taobao to sell to Chinese consumers over the next five years.

Citing the ongoing trade war between the USA and China, Mr Ma told China's Xinhua news agency: "There is no way to complete the promise". "The current situation has already destroyed the original premise. There is no way to deliver the promise", he said.

"But trade is not a weapon and should not be used to start wars - it should be the driver for peace", he said.

"Short term, business communities in China, U.S., Europe will all be in trouble", Ma said, as reported by Bloomberg.

Alibaba has established a quantum computing laboratory now proceeding with 81-bit random quantum network simulation, and plans to release standard quantum chips in the next 2-3 years, Zhang was cited as saying.

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".

Spotify Now Lets Artists Upload Music By Themselves
Independent music bodies like Merlin and AIR in Australia have just helped artists take a giant leap forward. Still, uploads represent another way for musicians and Spotify to cut out middlemen.

Apple's iOS 12.1 code hints at new iPads coming in the fall
First of all, 9to5Mac found a daemon running in iOS 12.1 that seems to suggest support for syncing Memojis across iOS devices. Another nifty addition is "Siri Shortcuts" that allows any app to now work with Apple's digital assistant Siri.

Fire tornado sucks hose into the air
In the video, a firefighter can be seen grabbing their hose, which is being pulled high into the air by the fire. In the description of the video, she wrote about how the fire destroyed their hose and interrupted relief work.

The planned creation of the chip subsidiary is believed to be part of Alibaba co-founder Jack Ma's efforts to help reduce China's dependence on USA technologies.

Ma announced in an open letter on September 10 that he would retire as the chairman of the board on September 10, 2019, Alibaba's 20th anniversary, adding that the company CEO Daniel Zhang will take over as the chairman of the board.

At the time, Trump had been complaining of the trade imbalance between the United States and China.

This week Trump said he would press ahead with 10 percent levies on $200 billion of imports - on top of $50 billion already targeted - prompting Beijing to target another $60 billion of U.S. goods with five to 10 percent taxes.

Ma said he and Zhang will work together on the internalization and cultural development of the company as well as the cooperation between Alibaba and Ant Financial during the a year ago of him being chairman of the board.

Trump on Monday imposed 10 percent tariffs on about $200 billion worth of imports from China, and threatened duties on about $267 billion more if China retaliated against the USA action.

Related News:



Most liked

5 shot, including a girl, 8, in Syracuse, New York
Up to seven people, including children, were shot in Syracuse, New York on Thursday, the firefighters union said on social media. The website said ambulances were seen driving away from the scene with a police escort at about 9:15 pm.

Prince Harry's Friends Reportedly Have an "Issue" with Meghan Markle
We don't know about you, but we're totally here for Meghan's British accent. Queen of The World airs on September 25 at 9:15p.m.

Former Malaysian PM charged with money laundering, abuse of power
Azam Baki, the deputy commissioner of the anti-graft agency, said more charges could be brought against individuals. The money belongs to a firm called Tanore Finance, believed to be a shell company in the British Virgin Islands.

Foodie shares clever kitchen hack to check for needles in strawberries
Prime Minister Scott Morrison wants the tough sanctions approved before federal politicians depart Canberra on Thursday. She added: "SUPPORT THE STRAWBERRY FARMERS, the strawberries don't have the plague, in fact this one was damn tasty".

'The Ranch' Star Ashton Kutcher Hits Teenager With His Car
Ashton Kutcher accidentally hit a young man with his auto on Tuesday. "I was on the floor and when I got up he was getting out of his auto ", the 19-year-old tells People .

Paramount Announces Two Michael B. Jordan Tom Clancy Movies
Jordan is a talented, charismatic star, and Clark is a good, solid character that hasn't been done to death like Jack Ryan . As for the upcoming Rainbox Six movies, Akiva Goldsman will be spearheading the new project as the film's main producer.

'Veronica Mars' Revival Gets Series Order at Hulu, Coming in 2019
The show should have the same voice given creator Rob Thomas is back along with writers Diane Ruggiero-Wright and Dan Etheridge. According to Hulu, the new season will follow the Veronica as she investigates a murder in a beach town.

'Calm before storm,' Trump warns SC after Florence deluge
After the briefing, Trump stopped in New Bern, North Carolina, a city of about 30,000 that took a major punch from the hurricane. Mary and Phil Pongonis look at the damaged roadway from Hurricane Florence in Boiling Spring Lakes, N.C., September 18, 2018.

Assassin's Creed Obstacle Course Coming To Sydney
In addition, attendees will be able to go hands-on with Assassin's Creed Odyssey on one of the 16 Xbox One X gaming pods on site. The Assassin's Odyssey obstacle course officially refers to Assassin's Creed Challenge .

Brett Kavanaugh accuser in talks to testify next week, report says
Judge's lawyer said in a letter to the committee on Tuesday that Judge did not recall the incident and did not wish to testify. Interested in Supreme Court? The university's president called Ford's decision to come forward courageous.

Can't stream PS4 and PS2 games? PlayStation Now adds downloads
A full year costs $99.99, and PlayStation Plus members can also snag a three-month deal for $29.99, instead of the usual $44.99. That's a bit of a bummer, as PS Now usually doesn't require a PS Plus subscription.

French court orders Le Pen to submit to psychiatric evaluation
Italian Interior Minister Matteo Salvini said in a statement he was shocked Le Pen would be ordered to take a psychiatric test. Le Pen and her party have been the subject of a number of investigations, including over the misuse of European Union funds.

1,000 feet of spider webs blanket large part of Greek town
Speaking to Greek news websites, molecular biologist Maria Chatzaki said that the spiders are not risky to humans and she not be feared.

KUWK: Kim Kardashian Says Baby Chicago Almost Had A Different Name
She said in a confessional: "My attractive , little baby girl Chicago is finally here". After all these names, Chicago nearly seems normal to me but Kim thought differently.

Demi Lovato happy and healthy in recovery, says mother
Demi Lovato's mother, Dianna de la Garza , has spoken out for the first time since her daughter's overdose earlier this summer . Dallas and Madison and I jumped out of the auto at the emergency room and ran into the emergency room to be by her side.