Alibaba's Ma says no chance of U.S. trade war with China

Reuters

Published Jan 18, 2017 03:33PM ET

Alibaba's Ma says no chance of U.S. trade war with China

DAVOS, Switzerland (Reuters) - China and the United States are not about to be drawn into a trade war, Alibaba (NYSE:BABA) Executive Chairman Jack Ma said on Wednesday at the World Economic Forum (WEF) in Davos.

"China and (the) U.S. will never have a trade war. Give Trump some time. He's open minded," Ma told a panel at the meeting of business and political leaders in the Swiss Alps.