Trump Meets Alibaba CEO on Small-Business Growth

Alibaba Group Chairman Jack Ma met Monday with President-elect Donald Trump to discuss “how Alibaba can create 1 million U.S. jobs by enabling 1 million U.S. small businesses to sell goods into the China and the Asian marketplace,” a Trump spokesman said. Trump’s meeting with Ma came less than a month after the Office of the U.S. Trade Representative redesignated Alibaba’s Taobao online shopping arm as a “notorious” market for IP infringement. Taobao faced ongoing criticism for not doing enough to combat the sales of counterfeit products (see 1612210068). Trump’s presidential campaign pledged to force China to stop IP theft (see 1606290080).