When my talented nephew Min introduced me a company called Alibaba few
years ago, I was not so excited of it's business scope. But it surprised
me when I found more than a dozen trading Burmese companies were being
listed with their products on it's website. The name alibaba itself is
not so appealing to me since it seems associated with "theft", don't
you? Today Alibaba enters the legendary New York stock exchange, where
heavyweight businesses haboured. Jack Ma, who crafted
'Alibaba' from his tiny apartment in China in 1999, is the founder of
today's $231 billions worth online trading business. According to NYSE,
Alibaba is the first ever company with the biggest asset that entered in
the history. Believe it or not, it's asset is now larger than eBay and
Amazon combined!
Jack Ma is smart! He makes money from the third
world like Burma and knows very well his asset value cannot be stable in
the volatile third world. He makes sure his wealth stays in the solid
financial world, which is not even in Europe; it is United States! How
the hack of this guy who was born and raised in capitalism-prohibited
communist country China knows how to grow business and find the
financial safe haven?
In any given corner of any part of the world,
Chinese and Indians are historically the leaders in shaping business
and economy. This tradition will continue indefinitely; whether you
agree/like it or not. Moreover they are smart in where to keep their
money!
Decades ago, my classmate murmured the America 's economic
leadership would go down in the history. It turned out that's not true
when looked it it's tracking. Jack Ma has proven it!
This is another reason America 's economy never fails!
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