Monday, August 27, 2018

One quote from Chinese giant Alibaba showed how Trump's trade war could backfire - Business Insider

The Chinese retail giant Alibaba says it isn't worried about President Donald Trump's trade war, and the company's comments highlight how China could gain the upper hand in the conflict. Joseph Tsai, Alibaba's vice chairman, told analysts during the company's quarterly earnings call that the recent tariffs imposed by the US and China should not be a major detriment to the e-commerce giant's business — or the Chinese economy at large.....
https://www.businessinsider.com/alibaba-china-trump-us-tariff-trade-war-2018-8

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