Alibaba founder and China's second richest man had some pretty strong words for the United States this week at the World Economic Forum in Davos, Switzerland.
Jack Ma, who just met with American President-elect Donald Trump last week, said that the US had wasted over USD14 trillion on 13 wars over the past 30 years when it could have instead invested that money towards building a better infrastructure:
“What if they had spent part of that money on building up their infrastructure, helping white-collar and blue-collar workers? You’re supposed to spend money on your own people.
“It’s not that other countries steal American jobs. It is your strategy – that you did not distribute the money in a proper way.”
Ma was also critical of how too much money seemed to go to Wall Street and Silicon Valley, instead of small town America and those "not good in schooling... not everybody can pass Harvard like me":
"The American multinational companies made millions and millions of dollars from globalization. The past 30 years, IBM, Cisco, Microsoft, they've made tens of millions — the profits they've made are much more than the four Chinese banks put together. ... But where did the money go?"
Ma also applauded globalization, but said that it "should be inclusive."
READ MORE: Jack Ma Meets with Trump, Says He'll Create a Million US Jobs
[Image via Newser]
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