Davos : Chinese e-commerce giant Alibaba’s Group Chairman Jack Ma, on Wednesday, said globalisation cannot be stopped and if trade stops then war will follow. “To dissolve problems we need to embrace globalisation and it is our responsibility and opportunity to improve it,” Jack Ma stated at a special session here during the World Economic Forum (WEF) Annual Meeting.
“Whether you worry about it the world will be hugely changed in the next 30 years. If there will be a war then it should be a war against disease, environmental pollution and poverty, rather than against ourselves,” he said. The billionaire businessman emphasised that no one can stop globalisation and said that trade sanctions are like bombs. “I think globalisation cannot be stopped — no one can stop globalisation, no one can stop trade. If trade stops, the world stops. Trade is the way to dissolve the war not cause the war,” he said. Ma also said that to gain success a person will need high EQ and “if you don’t want to lose quickly you will need a high IQ, and if you want to be respected you need high LQ – the IQ of love”. The business leader said we are in a transformative phase of the world due to technology, which will help create interesting careers for people — but may also cause significant social problems. He said global trade should be simple, inclusive and modernised. The next generation of globalisation should be inclusive for young people as the first wave was controlled by kings and emperors. In the last 30 years, it has been controlled by 60,000 big companies, Ma noted.
