Name: Insights: Jack Ma: 'When Trade Stops, Peace Stops'
Uploaded: 2020-01-30
Duration: 2 min 18 s
Description: Alibaba founder discusses the possibility of a trade war between the US and China at the December 2017 FORTUNE Global Forum.

[MUSIC PLAYING] If China continues to grow-- it's such a big market, it's such a rich market. You're moving from virtual to online. Do you have any need to go to the rest of the world? Can you build your business here in China? No, I think it's-- one of the-- 80% of my reason last year going global is that going all the countries, is I want to share our experience. I want to share my view and our view that globalization is a great step. It's just a baby. Let's improve it. Trade is so good because when trading stops, war starts. If trade stops, peace stops. So that's why we're traveling around the world. One Road, One Belt. We have to make sure everybody benefits from the free trade. We have to make sure every country benefits from the globalization. We have to sure farmers can sell things. We have to making sure young people benefit. Are you worried that we may be headed towards a trade war? Well, I don't think so. I think people are smart. I think people understand that it's easy to launch a war, but it's so difficult to stop a war. You've had this conversation with President Trump. Can you tell us about what you learned from that? Yeah, I think he listened. I talked to him about how important trade is, how important it should be doing business with China globally. And I think he's making progress. He's trying hard. We see the China-USA trade-- we have problems, right? Not only in two countries, the problem is very simple and easy. Even a wife and a husband have problems. So I think they are trying their best. I think that's why we should never wait for politicians, a president to talk. Business people, we have to do our best to build up the environment, to build, to connect ourselves to talk. We should never wait for policies. We should go before the policy and try to do it. 

Insights: Jack Ma: 'When Trade Stops, Peace Stops'

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Alibaba founder discusses the possibility of a trade war.

Jack Ma: 'When Trade Stops, Peace Stops'

Alibaba founder discusses the possibility of a trade war between the US and China at the December 2017 FORTUNE Global Forum.

if China continues to grow. It's such a big market. Such a rich market. You're moving from virtual online. Do you have any need to go to the rest of the world? Can you build your business here in China? No, I think it's one of the 80% of my reason last year going global. Is that going all the countries I want to share our experience? I want to show my view and our view that globalization is a great step. It's just a baby. Let's improve it. Trade is so good because when traded stops wall, stop If Trey stopped peace stop. So this is why we're traveling around. Whoa, one roto about. We have to making sure everybody benefit from the free trade. We have to making sure every country benefit from the globalization we have to share. Farmers can't sell things. We have to making sure young people benefit. Are you want? Are you worried that we may be headed towards a trade war? Well, I don't think so. I think people are smart. I think people understand that it's easy to launch a war. It's so difficult to stop more. You have had this conversation with President Trump. Can you tell us about what you learned from that? Yeah, I think he listened. I talked him about how important trade is all important. That should be doing business with China globally. And I think he's making progress. Is trying hard way. See the China US A. Trick. We have a problem, right? Not only two countries. That problem's very simple. In the UC, even wife and husband have problems, so I think they're trying their best. I think that's why we should never wait for politicians. President of talk business people. We have to do our best to build up the environment tribute to connect ourselves to talk. We should never wait for policies. We should go before the policy and tried to do it.