While Americans are familiar with the idea that most of their consumer goods come from China, China does import some of consumer goods from the United States. Alibaba sees an opportunity to greatly increase those. Jack Ma, executive chairman of Alibaba, specifically mentioned agricultural products such as wine and fruit that cold be sold through Alibaba to consumers in China and Asia.
When the Executive Chairmen of the Chinese mega-company Alibaba, Jack Ma, met with President Trump, he made a promise, the goliath online sales platform would give 1 million U.S small businesses a gateway to the Chinese market.
“We want to help U.SD entrepreneurs, small business owners, brands, and companies of all sizes sell their goods to the growing Chinese consumer class. Chinese consumers will get to buy the American products they want. This, in turn, will help create American jobs and increase U.S exports.” Ma wrote at the time.
On January 10, 2017, Ma announced the launching of a program to make good on that promise. Alibaba plans a trade conferenced called Access Asia 2017 with it’s U.S partner Exhivisit and RepDM in Los Angeles, California on October 11-12, 2017 to teach U.S businesses how to sell online to the company’s 500 million customers in China. You can learn more at the summit’s website http://www.AccessAsia2017.com
“The two largest small business markets in the world are the United States and China, and connecting them seems like a good idea — good for the United States and good for China.” said Alibaba President Michael Evans.
Monday’s meeting focused on the Chinese technology giant’s plans to expand in the U.S, especially Midwest, and both the U.S and China are interested in strengthening their relationships. “It was a very productive meeting,” Ma told reporters. “The door is open to discuss the relationships on trade issues.”
Both Trump Administration and China realize avoiding trade war with China will be beneficial for both countries. Trump has names Peter Navarro, a UC Irvine economics professor and China trade critic to run a White House National Trade Council.
“The purpose of Jack Ma’s visit was to frame Alibaba’s business with the U.S in a framework Donald TRump understands, as an innovative company that is creating jobs for both Chinese Business and Poltical Economy at the Center for Strategic & International Studies, said in an email, “Alibaba’s future, in part, will depend on expanding international trade and limiting protectionism and reducing trade barriers is in its deep self-interest” Both the U.S. and Chinese companies involve in the Access Asia 2017 Trade Summit in Los Angeles on October 11-12 are hoping that this will be the start of a bright trade process between the two nations.