Alibaba, the massive Chinese online retailer that competes with Amazon, wants to expand in the United States, promising to bring 1 million jobs to the country.
President-elect Donald Trump met with Alibaba executive chairman Jack Ma in Trump Tower to discuss his plans, CNBC reports.
After the meeting at Trump Tower, the president-elect appeared with Ma to talk with reporters.
“We’re very happy, and Jack and I are going to do some great things,” Trump said, indicating that Ma would invest in small businesses in America.
Trump’s announcement demonstrates that he wants not only to keep American jobs from going overseas, but to bring jobs from overseas into the United States.
In December, the Japanese company Softbank announced that it planned to invest $50 billion in the United States, and would create 50,000 jobs.
Source: Breitbart News