Jack Ma Was Once Ready To 'Destroy' Alibaba To End US-China Trade War: 'I Would Be Happy If China And USA Agree On Something'

In a throwback video, Alibaba Group Holding Ltd. (NYSE: BABA) co-founder Jack Ma expressed that trade wars, such as the one brewing between the U.S. and China, are obscuring deeper issues of resource allocation and wealth concentration, while posing a risk to global stability.