Jack Ma, one of China’s most successful and richest entrepreneurs, has responded to America’s growing globalization backlash, arguing that the superpower has benefited immensely from the process – but that it has largely squandered its wealth.

Jack Ma said that "It's not that other countries are stealing American jobs; it is US strategy - it did not distribute the money properly".

Ma Yun, known professionally as Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses.

Fact Sheet:
  • Born: 10 September 1964, Hangzhou, China
  • Net worth: 28 billion USD (2017) Forbes
  • Spouse: Zhang Ying
  • Books: NEVER GIVE UP M, Never Give Up: Jack Ma in His Own Words
  • Children: Ma Yuankun
  • Education: Cheung Kong Graduate School of Business (2006), Hangzhou Normal University (1988)