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Alibaba's Jack Ma in America to 'sell' China's middle class

Published Tue, Jun 9, 2015 · 09:50 PM

San Francisco

ALIBABA Group Holding Ltd chairman Jack Ma will visit New York and Chicago this week, seeking to pitch China's middle class as a growth opportunity for American business and his e-commerce company.

Mr Ma is looking for revenue beyond China, where the nation's economy is projected to grow at its slowest pace since 1990. One strategy is to position Alibaba as a cross-border e-commerce solution, enabling China's 557 million Internet users to buy things from anywhere in the world.

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