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we believe education would be better for jobs hungry youth if every teacher and class had access to a jack ma curriculum- mail us if you have ideas on how to do that

- meanwhile as well as a lot of ma videos below you will  see that very few months we add in what we think is the geatest innoavtion eeryone wanting to progress humanity could be talking about -starting with march 2017  is the Digital Free Trade Zone (DFTZ) the graetest entrepreneurial revolution in the history of co-creating jobs for young people? how did malaysia become china and jack ma's best partner in valuing digital world entrepreneur? is there room for countries that were once high ranked in entrepreneuriial skils to partner with jack ma? How did MBAs of big business world lose everything to do with improving the human lot and become obsessed with war games and bad banking?

 CCTV ..where next to see jack Ma ?  help add - isabella@unacknowledgedgiant.com -reviews of past events - Xin Philanthropy A 3 Summit Hangzhou Jy 2016; september 22 boston ; 18 new york (30 world leaders of education: 2016-2030 the greatest #learninggeneration), 20th UN elects Ma as special adviser Youth Entrepreneurship

Alibaba Group Jack Ma SME Speech Alibaba and Jack Ma;; Beyond E commerce and China Implications for Silicon Valley, Alibaba Group & Amex: Jack Ma's message to U.S. Small Businesses, ...https://wn.com/Alibaba Group J... 
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Jack Ma in Conversation with The Education Commission | The ...

2016年4月20日 - Millennium@EDU SUSTAINABLE EDUCATIONMaking a difference for 15 million studentsMenuSkip to contentHomeAbout What We Are History Documents ...

Special Youth Empowers Channels - MA EWTP how can 7.5 billion people web the greatest small enterprise world trade system?  
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Jack Ma in Conversation with The Education Commission

 

100millionjobcrisis

100millionjobcrisis

Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepren…

chris macrae mindchanging videos  -text yours usa 240 316 8157

.When I was 11 years old my geography teacher came into the classroom – geo is very important – this morning I was in western lake of hangzhou- I met some westerners and I asked where are you from? – they said some nation – I said I didnt know – so they drew a map- now I know where they are from 

So I thought to myself very interesting- if I can communicate with the westerners about the world- so the next day I went to west lake looking for foreigners – for 9 years every morning whether snow rain or sun looking for foreign tourists to  become a free guide – I made a lot of friends – at that time there was no English book for me – so I asked tourists to teach me- and one of the american lady who became a pen friend she said jack your name is difficult for westerners to pronounce – do you need an English name? she said my father’s called jack , my husband called jack – can I call you jack” – I said yes since then I have been using jack ma for almost 30 years 

 –this trained me to think differently than other kids of my generation because everything I learnt from the tourists (of the outside world) was so different from the things I learnt from schools, parents because we thought china and the woreld was like that but the tourists helped me find out  about a different world

That trained my thinking differently – when everyone agrees about something , normally I take a minute to think about is that true- similarly if everyone disagrees! 

When I was trying to pass exams for university – only about 6% of students could go to university so I failed 3 times-- ..only the hunter teachers college that accepted me – I went there and was trained there for 4 years – after graduating I was only guy assigned to teach in  a university out of 500 graduates because I was considered to be a good student the other 499 were assigned to middle school

That day when I graduate my president at teachers college said jack go to that university and don’t leave for 5 years because he knew with my personality I might want to do something else but I made him the promise I would do that 

I taught for 6 years – pay was bad, teachers not respected but I loved teaching –people may not realize that there were still no ways to learn to teach English in our city- so i listened to the BBC an voice of america – there every evening 8 to 9 oclock I listened to – first book I heard about adventures of tom sawyer – so this struck me that there are so many kids in rural, poor areas with no education – how about using the inetrenet, mobile phone, the ipad much better opportunity to give the kids 

Since 1999 I am business people leader for the ali baba group I still call myself chief education officer, everywhere I go I spend time with young people. Sharing with them my experience my encouragement ,,, I think the ways the world is changing… I am proud of being a teacher for 6 years – elected by students as best teacher… many of my students are co-founders of ali baba- I taught probably 2000 students in evening school and the eldest one was 86 years old! I think you as a teacher learn so much from the students , benefit so much from the studentrs, and everybody apart from the parents has a teacher – and if you respect your teacher and love them , like a parent, in china the teacher is a father, the teacher is a mother ….......


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Alibaba Foundation Hosts First-Ever Philanthropy Conference in China

July 08, 2016 11:19 AM Eastern Daylight Time

HANGZHOU, China--(BUSINESS WIRE)--The Alibaba Foundation, a charitable organization established by Alibaba Group (NYSE:BABA), will host July 9-10 a first-of-its-kind philanthropy conference in Hangzhou. The Xin Philanthropy Conference will bring together philanthropy pioneers in China with experts from around the world to foster an exchange of ideas and best practices and inspire a new generation of Chinese to make a positive social impact on the world.

The conference brings together heavyweights from the world of multilateral organizations and corporate social responsibility. Keynote speakers include Jack Ma, Founder and Executive Chairman of Alibaba Group; Ban Ki Moon, United Nations Secretary General; Gordon Brown, former Prime Minister of the United Kingdom; Salman Khan, Founder and CEO of Khan AcademyYao Ming, Founder of the Yao Ming Foundation; and Jet Li, founder of the One Foundation. The conference will be livestreamed beginning Saturday, July 9, 2016 at 9:30AM in China / 9:30PM ET athttp://zb.youku.com/live/zone/Z7EeANyHw6I.html.

Attendees will include nearly 1,000 representatives from Chinese nonprofits, NGOs, leading academic institutions and companies, as well as young social entrepreneurs.

Over the last fifteen years China's economic growth has created more than 1.3 million millionaires and is expected to add another 1 million by 2020. Even with this boom and overall rise of the middle class in China, infrastructure to support effective charitable giving remains underdeveloped. A May 2016 report from the United Nations Development Programme (“UNDP”) found that total charitable giving in China is just 4 percent of the level in the U.S. or Europe.

Alibaba Group Founder and Executive Chairman Jack Ma commented, “Everyone should have the opportunity to make the world better. The purpose of the Xin philanthropy conference is to inspire the young generation to give back and to support the development of philanthropy in China. It’s not enough to have good will, we also need the talent, the planning and the execution to make a sustainable impact in China and in the world.”

Alibaba Group was founded with a social mission and believes that companies and entrepreneurs can make the greatest positive impact by keeping social purpose at the heart of the business model. From job creation, financial inclusion, rural development and women’s empowerment, Alibaba is making an impact through its core business. Alibaba has directly and indirectly created 15 million jobs, including people who work directly for online storefronts and service providers to merchants.

In 2011, Alibaba Group established the Alibaba Foundation, which has earmarked 0.3% of Alibaba Group’s annual revenue to fund efforts designed to encourage environmental awareness and social responsibility in China. In fiscal year 2016, Alibaba Foundation made over RMB210 million (USD 31.4 million) in donations to support various charitable causes and initiatives. In 2014 Ma set up the Jack Ma Foundation which focuses on education, environment, public health and people development in the nonprofit sector, with a view to fostering an innovative and sustainable model for a better world.

About Alibaba Group

Alibaba Group's mission is to make it easy to do business anywhere. It is the largest retail commerce company in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce and engage with hundreds of millions of consumers and other businesses.

 

Contacts

Media:
Robert H. Christie
bob.christie@alibaba-inc.com
or
Haili Cao
haili.chl@alibaba-inc.com

interviews with some of ma's colleagues at the education commission

 

 

Oslo, Norway Interviews

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Electronic World Trade Platform (eWTP) should become a key policy recommendation for G20

China-EU Digital Research Center will support this initiative

1Introduction by Yu Ping, Vice Chair and Sherpa of B20 China

300 business representatives of the G20 countries met last 17 April at the headquarters of the International Monetary Fund (IMF) in Washington DC. This meeting, coinciding with the annual Spring Meetings of the IMF and the World Bank, was the first B20 China Joint Taskforce Meeting. ChinaEU is honored to be a member of B20, which stands for the business representation in the G20 meeting preparatory process. The B20 group discusses policy recommendations for the world economic governance that will be submitted to the heads of state of the G20 countries when they meet in in Hangzhou, China, on 4–5 September 2016. Several strategic recommendations are being considered, among which stands the proposal of setting up an Electronic World Trade Platform (e-WTP).

2Keynote speech by Zhu Min, Deputy Director of IMF

The Washington B20 session opened with a positive note from the IMF, who showed strong confidence in China’s economic growth. Deputy Managing Director Zhu Min admitted that the world economy is facing downgrade with a growth rate at 3.2%, a decrease of two percentage points compared to the IMF’s previous forecast. Government debt has especially become a serious issue, increasing by 42% in two years to reach 106%. Despite the global economic challenges, China’s growth rate was instead upgraded from 6.3% to 6.5%, showing signs of stabilization and recovery, according to both Zhu and Ma Jun, Chief Economist of People’s Bank of China.

3Keynote speech by Ma Jun, Chief Economist of the People’s Bank of China

Business leaders and economists commented on the role of B20 and G20 in restructuring the global economy. A few words were spent also on the leadership of China, which this September will chair the G20 meeting in Hangzhou, headquarters of e-commerce giant Alibaba.

Frank Ning, Chair of Trade & Investment Taskforce and Chairman of Sinochem, proposed that G20 can play a bigger role in rebalancing world economy by bringing more real exchange of goods, accelerating technology and innovation, as well as giving more value to manufacturers, instead of focusing too much on finance.

Dimitris Tsitsigaros, Vice President of IFC, Global Client Services believed that G20 should also play a role in promoting regional integration, reducing protectionism, improving access to global value chain and upgrading the global financial infrastructure.

As Ren Hongbin, Chair of Infrastructure Taskforce and Chairman of China National Machinery Industry Corporation, pointed out that, to mitigate current economic challenges, reform in infrastructure is key, which is also one of the few areas identified by IMF reports as having potential to deliver strong productive gains across all kinds of countries.

Green investment and financial inclusion involving private sector players were among the hottest issues discussed.

China is believed to make a successful leader of B20 as well as G20 to deliver favorable results in addressing global challenges, given its infrastructure-oriented One Belt One Road Initiative and the profound structural reform undergoing in the country.

The B20 has set up five taskforces, namely Financing Growth, Trade & Investment, Infrastructure, SME Development and Employment, to brainstorm on the most appropriate policy recommendations to make to the G20 government leaders. The taskforces met close-door to agree on the scope and drafting of these key business recommendations.

The most notable recommendation discussed in the SME Development Taskforce is the proposal to set up an eWTP.

4Jack Ma at Boao Forum in March 2016 (Source: XinHua News Agency)

The idea of an eWTP (Electronic World Trade Platform) was originally launched by Jack Ma, Executive Chairman of Alibaba Group and also Chair of the SME Development Taskforce, at Boao Forum (to read Ma Yun’s full speech in Chinese, please click here) in March this year. The platform will facilitate SMEs’ development and integrate public-private dialogue on e-commerce trading modes.

The key goal of eWTP is to promote ‘inclusive’ trade. Inclusive trade refers to reducing the threshold effect, faced by SMEs to participate in cross-border e-trade. The WTP will provide SMEs a transparent and open platform to sell their goods and services globally.

E-trade, often known as cross border electronic commerce, is an innovative trade mode, seen in many ways as a game changer for global trade. It opens new opportunities for revenue growth through cost reduction and reach to more customers, benefiting all businesses and especially SMEs.

The problems many SMEs face today include limited access to the market, limited access to information about export opportunities and access to trade finance, and limited access to information on legislations in different regions.

E-trade therefore offers a new and efficient channel for SMEs to conduct cross border trade directly, and to set up seamless interactions with their customers.

E-trade brings SMEs interactive connections with significant numbers of both domestic and overseas customers, as well as highly efficient digitalized operations. It helps lower the threshold of cross border trade for SMEs to enter as well as facilitates more efficient flow of products, information and money. In addition to expanding consumption and promoting trade growth, it can also drive innovation and industrial upgrade.

E-WTP proposes to bring together all stakeholders and enable efficient dialogue between public and private sectors to address policy challenges facing SMEs, sum up best practices and generate common industry standards.

As Mary Andringa, Co-Chair of SME Taskforce, Chair of Vermeer Corporation stated, 95% of the number of firms in the G20 countries are SMEs, generating two thirds of employment and 80% of GDP. Digital economy is key for SMEs to reduce complexity in regulations, access to GVCs and access to finance, among which e-commerce is the only element which can make the difference.

ChinaEU is actively advocating lifting all barriers preventing European and Chinese enterprises to interact in the digital ecosystem and advocating facilitating access to information on export opportunities and legislations. The ChinaEU Digital Research Center, to be launched later this year in cooperation with China Internet Development Foundation (CIDF), exactly aims at monitoring and comparing legislations and regulations in key digital areas, such as e-commerce and cloud services, data protection, 5G and future networks. The research center will not only accelerate information sharing between European and Chinese digital markets, but will also in the medium term help identify best practices.

By the end of May this year, CCPIT (China Council for the Promotion of International Trade), in cooperation with the OECD, will co-organize an e-commerce summit during the China Beijing International Fair for Trade and Services which takes place from 28th May to 1st June. Representatives from both B20 and WTO will attend, sharing constructive views on the implementation of e-WTP. This meeting will be followed by the Second B20 Joint Taskforce Meeting, to be held in Paris on May 31st.

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www.valuechaingeneration.com  is a great web site- and its take on taobao is certainly instructive to the western eye

 

 

TAOBAO VILLAGES; HOW THE INTERNET IS BLURRING RURAL-URBAN BOUNDARIES

Taobao Marketplace is China’s premier online consumer-to-consumer market place. It is owned by the Alibaba Group, a company that grew in fame for its online wholesale platform. Recently, Taobao was covered byThe Financial Times in an article describing how the marketplace spurs entrepreneurship in rural areas.

Village epicenters called Taobao villages, where 10% or more of the families are involved in e-commerce operations with joint revenue of over 1.5 million USD, are mushrooming. Entrepreneurs are investing in order processing operations, and hiring people to make sure that products are packaged properly and on time for shipment. There are even reports of youth returning to the village from the city after their studies to help grow the business.

Taobao advertisements are seen in Qinghe village, Hebei province. Photographer: Tianyi Li/Alibaba Group Holding Ltd. via Bloomberg

 

What’s under the hood?
One element that drives success for the platform is a demand for authentic and healthy products, directly from the countryside with Chinese rural consumers. A backlash following the stream of food scandals in the country’s food industry. The platform can now link producers and consumers directly together, and they are able to forge deals based on trust.

But this is not the most compelling element of the platform. What the FT article also mentions is that poor and less-developed rural areas are spurring sales growth the most. What I thus suspect to be the real driver underlying these new rural business models is revealed by what this rural e-shop owner says in this short video. As the most import problem that Taobao solves, he states:

“With a real shop, the worst thing is that customers pay on credit. The advantage of Taobao is that you can’t pay on credit”

Instantly you can see the value that the platform has been able to create. Before, a rural shopkeeper’s market was tightly geographically constrained to where the influence of the next village took over. No wonder that many of its customers could get away with putting their purchases on the tab. With the internet enabled marketplace, this geographic constraint is lifted. Shopkeepers are now able to filter out rural dwellers who have cash in hand to directly pay for their purchases, amongst a population of a couple of 100 million people.

Through creating new and expansive market connections, the internet has been able to accommodate a new revenue stream, and to accelerate cash flow within a rural economy. It is a classic mechanism that creates economic development, just like cash accelerated trade in the barter economy. And it all flows naturally from what people on both sides of the trade aspire to achieve.

Take-aways:

  • the internet is blurring urban-rural boundaries; an e-commerce site can contribute to rural development!
  • expansive social networks generate new opportunities for value creation
  • value creation can only be achieved if these networks allow people to fulfill their own purposes.
Posted in UncategorizedTagged agricultureAlibababusiness model driver,business model innovationbusiness modelscashconsumercreditcustomer developmentdevelopmente-commercefoodinnovationinternetretail,revenue streamsruralrural areasrural developmentTaobaotrade,urbanLeave a comment

CRACKS IN THE WALLS OF 

 

Alibaba founder Jack Ma unveils ambitious plan

Mission: 100 million new jobs

By Dana McCauley


He already runs the world's biggest online shopping company, but Alibaba founder Jack Ma is not satisfied.

The Chinese billionaire has unveiled an even more ambitious plan to expand the company's reach across the globe, creating 100 million new jobs and transforming the global economy to create a more equitable world.

It may sound pie-in-the-sky, but the goal forms part of mission statement of the US$261 billion company's visionary executive chairman.

In a letter to shareholders, Ma outlined Alibaba's achievements of the past financial year - including a gross merchandise turnover of more than $195 billion (1 trillion RMB), an "unprecedented" figure - before looking to the future.

"We have more than 430 million annual active buyers, which means one out of every three individuals in China has made a purchase on our retail marketplaces," Ma wrote.

But, he said, while proud of Alibaba's online shopping achievements, "we want to do far more", saying that the benefits of globalisation had not been spread evenly, but that "digital disruption will bring us closer to a level playing field for young people and small businesses".

"We are not merely trying to shift buy/sell transactions from offline to online, nor are we changing conventional digital marketing models to squeeze out a little additional profit," he wrote.

"We are working to create the fundamental digital and physical infrastructure for the future of commerce, which includes marketplaces, payments, logistics, cloud computing, big data and a host of other fields."

The Alibaba group of companies, founded in 1999, accounts for 60 per cent of all Chinese online sales, and this year overtook Walmart as the world's largest retailer.

 

It has made Ma the second richest man in Asia, with a net worth of US$28.5 billion.

THE NEW 'NATURAL RESOURCE'

It's through cloud computing that Alibaba aims to expand its reach, and the company has been investing in the technology as part of a strategy that sees shoppers' data as the contemporary equivalent of mineral riches.

"Over the next 30 years, with computing power as the new 'technology breakthrough' and data as the new 'natural resource,' the landscape of retail, financial services, manufacturing and entertainment will be transformed," Ma wrote, forecasting a decades-long period of transformation.

"The internet revolution is a historical inflection point, much like when electricity was introduced, and it may have an even greater impact," he predicted.

Alibaba's mission, he said, was to "empower merchants with the ability to transform and upgrade their businesses for the future" and "help companies all over the world to grow".

"We believe, the commerce infrastructure we have created in China - marketplaces, payments, logistics, cloud computing and big data, all working in concert - can be applied on a global scale to lift up small and medium businesses and ordinary consumers around the world."

Eight years after launching, Alibaba Cloud hosts 35 per cent of Chinese websites, while delivering cloud computing and big data services.

'100 MILLION NEW JOBS'

Ma said Alibaba was constantly adapting to the changing e-commerce environment, as staying at the forefront of innovation was key to its continued success.

"In the coming years, we anticipate the birth of a re-imagined retail industry driven by the integration of online, offline, logistics and data across a single value chain," he said.

"With e-commerce itself rapidly becoming a "traditional business," pure e-commerce players will soon face tremendous challenges."

A shift to mobile revenue was one such change, he said, with mobile climbing from a single-digit percentage to three-years of total revenue from Alibaba's Chinese retail marketplaces, in the space of two years.

"This is why we are adapting, and it's why we strive to play a major role in the advancement of this new economic environment," Ma said.

Innovations like Alibaba's Qianniu app, which helps online businesses to improve sales and marketing while enhancing efficiency, were an example of the type of projects the company aimed to focus on.

"In 20 years, we hope to serve two billion consumers around the world, empower 10 million profitable businesses and create 100 million jobs," Ma said, adding: "This will be an even more difficult journey than the one behind us."

news.com.au

 
 
LISTEN : Newstalk ZB Political Editor Barry Soper speaks to Andrew Dickens on KPMG Early Edition

Mr Ma - who's worth around $50 billion - met with John Key in Beijing late yesterday. He made his money through founding the online commerce platform Ali Baba.

Standing alongside the Prime Minister, he heaped praise on the country, which he says is loved by many Chinese.

"At least 20 of my colleagues retired from Ali Baba. They're all very young, in their 40s, they all go to New Zealand."

"I asked what they do apart from the golf and green things and they say it's the people there."

It wasn't all social, with the Chinese billionaire also talking business.

Jack Ma told the entrepreneurs luncheon Kiwi businesspeople find it difficult to access the Chinese market.

Mr Ma said he wants to make that easier with his multi-platform organisation.

"We have Ali Baba University. We would either have courses in New Zealand or invite the entrepreneurs in New Zealand to stay in China for two weeks for training."

"The second is that we're going to open an Ali Baba business embassy next year in New Zealand."

John Key is in China meeting business and political leaders.

 

 


Innovation "Made in China" - The Case of Alibaba and the role of Net-based Small Business

Innovation is a key driver for economic development and social progress and small business is one of the best ways for people to express their willingness and capability to innovate.  Pervasive business ownership has, therefore, been the foundation in many societies for the continued improvement of people’s economic wellbeing. In the People’ Republic of China, however, private business ownership was prohibited between 1957 and 1978. Productive innovations were extremely restricted and as a consequence, China’s economy was on the verge of collapse by the end of 1978. The Chinese people had suffered a historic setback.

Alibaba’s growth, driven by unleashing grassroots entrepreneurship, has become an exemplar of China’s innovation in the 21st century.  Started by 18 young people in 1999, Alibaba has grown into a giant global internet platform and has made many invaluable contributions to China’s progress. Highlighting the importance of pervasive small business ownership in unleashing grassroots innovation and improving economic wellbeing, Professor Lowrey will discuss Alibaba’s innovative strategies and explain the economic theory behind its inspiring success.

 

 

 

Dr. Ying Lowrey is Professor of Economics at Tsinghua University and Deputy Director of the Tsinghua Research Center for Chinese Entrepreneurs, and a member of the Academic Committee for Alibaba Group Research Institute. Her teaching and research interests include economics of innovation and entrepreneurship in the internet and platform economy, the modern microfinance market, business demographics, characteristics of business owners, and the role of free enterprise and competition in the macroeconomy. 

She received her economics Ph.D. from Duke University, economics MA from Yale University and mathematics BS from Wuhan University. Before joining Tsinghua University in 2012, she served as senior economist at the Office of Advocacy, U.S. Small Business Administration and has taught economics at George Washington University and San Diego State University.

 

Selected publications 

 

 100millionjobcrisis

100millionjobcrisis

Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepren…chris macraeNov 23, 200950 views

Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepreneur jobs in 2010s - who else would you vote at the centre of 100 million job creation leagues?
=====================update sumer 2016:
unlike oiher years spent with bangaldeshi inspired youth, i spent 2015-2016 mainly with a class of chinese female students - what brilliant minds and tirelss sources of human energy - i hope this summary of why the whole world can celebrate what jack ma is doing is near to the mark - but as always look forward to editing any errors which are mine alone
chris.macrae@yahoo.co.uk washington dc text 240 316 8157
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was english language tutoring

In 1995 he was sent to the usa on an exchange mission and encountered the worldwideweb - then unknown in China. He determined the www would be the biggest job creating innovation of his (or his generations) life and hopefully of every Chinese entrepreneur he could valuably link into.

Over the next 15 years his wizard coding teams went from something that was little more than an electronic yellow pages for small businesses to conceiving sustainability generation's 2 greatest retailing platforms china or the world may ever have seen..

the taobao platform is the most valuable job creating concept retailers have ever mediated because it reverses the western trend of globalisiation of retailers, bankers and big corporations squeezing out local and small enterprises from having a market; how taobao did that is an extraordinarily detailed story but note how Ma was concerned to ensure even the most cut-off of Chinese villagers could start up on tao bao (rural ecommerce is one of the innovations that Ma has led the www purpose to linkin)

His other mall was pitched at the more usual high cost fashions of big global merchandisers. Because of complex property laws in chinese cities, most expensive retailers are not much of a joy to shop in. So ali baba created a lifestyle -eg celebrate singles day 11/11 shopping virtually rather than the physically exhausting interaction in The West's biggest shopping days of the year)

SO 365/24/7 consumers of ali baba can choose who they value developing most with their purchasing power as well as searching merchandise with global image or local cultural joy

Alibaba has become china's and probably the word's largest retailing channel. It does this with next to no merchandise but brilliant coding so that every store front on its platforms delivers with equal reliability. Hunting out exactly how Ma forms partnerships so that big data analysis benefits the smallest enterprises and most local consumers ought to be a job of whomever is sustainability goals greatest economist.

Intriguingly to ensure he could compete with the chinese internet companies that raced to co-create the www that Ma had opened space for in china, Ma IPO'd Alibaba through a process 2010-2015 while developing his secret sustainability weapon under private ownership. AlIpay is china's number 1 financial inclusion delivery system and maybe global youth most humanly productive coding achievement to date.

Comparing china's top 10 internet properties with the west's is very interesting. Are the consuming behaviours on ali baba more sustainable than those on amazon or ebay or paypal? Are the learnng behaviours on baidu more sustaining of youth than on google or coursera or microsoft's linkedin. Time will tell but note how speaking english, chinese and coding (as well as mother tongue) are probably what educators anywhere on planet earth should NOW be most valuing their global youth's future freedom to thrive entrepreneurially around.

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