Jack Ma joins chorus slamming latest tariffs

Prominent Chinese business leaders and trade experts denounced the United States' newest levies on Chinese goods as irrational and destructive for both countries' business community.

Jack Ma, founder and chairman of Chinese e-commerce giant Alibaba Group, said his company no longer plans to create 1 million jobs in the US because of the bilateral trade disputes.

In an exclusive interview with Xinhua on Tuesday, Ma said his commitment - made last January following a meeting with Donald Trump, who was US president-elect at the time - was based on "friendly cooperation between the two sides and a rational and objective premise of bilateral trade".