According to Ma's plan, Alibaba, the e-commerce platform worth 230 billion US dollars, can help US entrepreneurs and farmers sell their products to the Chinese middle classes. "In China we have around 300 million middle class consumers, and 4,600 billion US dollars' of savings. There is a strong demand for American quality products which will surely create more business opportunities."
Jack Ma said after the meeting that both parties have reached an agreement to further strengthen the relationship between the US and China.
The meeting was criticized by some, as the newly elected US president has said that China has manipulated currency and employment in the world, and has threathened trade tariffs.
Source: BBC