05 Feb Learning From Jack Ma’s 2015 Stanford Interview
On Cultural Difference
When the American thinks of an economy as slowing down, that means people don’t have money to spend. You guys know how to spend tomorrow’s money. We Chinese, our habit is to save money. We always keep the money in the bank. According to Alibaba (12% of China consumption) personal consumption is still rising.
Watch video to hear for yourself his amazing conviction in his business and philanthrophy vision and mission.