Trump believes China's Alibaba will create 1 million US jobs — here's why it's not impossible (BABA)

President-elect Donald Trump met with Alibaba's founder Jack Ma earlier this week to discuss plans to create one million US jobs by allowing American businesses sell to China through the company's online platform.

That's a huge number but it's not an entirely far-fetched dream, if you look at the market potential. As seen in this chart by Statista, China's retail e-commerce sales are growing at a mind-boggling pace: It's forecast to become worth $840 billion by 2021, almost double the estimated size of the US e-commerce sales in the same period ($485...
7 Published By - Business Insider - 2017.01.11. 18:49
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