Jack Ma: The trade war is ‘stupid’



Sherisse Pham | CNN

Hong Kong (CNN Business) Tech tycoon Jack Ma really hates the trade war between the United States and China.

“Trade war is the most stupid thing in this world,” Ma said Monday at a conference in Shanghai hosted by the Chinese government.
It’s the latest and perhaps bluntest barb about the trade conflict from the co-founder and executive chairman of Alibaba (BABA), China’s biggest internet company. In September, he blamed it for derailing his highly ambitious promise to create 1 million new US jobs.