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Nobody ‘stealing’ your jobs, you spend too much on wars, Alibaba founder tells US

Chinese billionaire and Alibaba founder Jack Ma believes that improper distribution of funds and hyper inflated US military spending, not globalization or other countries “stealing” US jobs, is behind the economic decline in America. The Chinese business magnate earlier in January met with US President-elect Donald Trump, who has bemoaned the loss of American industry…

Soros teaming up with MasterCard to help refugees

Billionaire investor George Soros and global payments company MasterCard are planning to create a social enterprise to help refugees and migrants, as well as others struggling within their communities all over the world. Read more The partnership, called Humanity Ventures, seeks to apply commercial strategies to deliver a positive impact on society. The move follows…

Beijing ready to talk to resolve trade issues with US

The Chinese government is willing to work with the new US administration to promote the healthy development of commercial ties, said China’s Commerce Ministry spokesman Sun Jiwen. Read more “I believe China and the United States can resolve any disputes through dialogue and negotiation and that the China-US commercial relationship will not significantly stray from…

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