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Alibaba's Ma: trade war "most stupid thing in this world"

Monday, November 05, 2018 - 01:40

The U.S.-China trade war is the ''most stupid thing in this world,'' according to Jack Ma, the chief of Asia's most valuable public company, Alibaba. As Ivor Bennett reports, his comments came as the value of export orders to the U.S. signed at China's largest trade fair dropped 30 percent on the year as higher U.S. import tariffs made goods from batteries to farm tractors costlier.

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The U.S.-China trade war is the "most stupid thing in this world," according to Jack Ma, the chief of Asia's most valuable public company, Alibaba. As Ivor Bennett reports, his comments came as the value of export orders to the U.S. signed at China's largest trade fair dropped 30 percent on the year as higher U.S. import tariffs made goods from batteries to farm tractors costlier.

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Alibaba's Ma: trade war "most stupid thing in this world"

Monday, November 05, 2018 - 01:40