Ma: 20 more years of enviable growth for China

Founder and Executive Chairman of Alibaba Group Jack Ma gestures as he speaks during a news conference with Italys Prime Minister Matteo Renzi (unseen) at the Vinitaly wine exhibition in Verona, Italy, April 11 2016. REUTERS/Stefano Rellandini

In an interview with the South China Morning Post, Alibaba founder Jack Ma shares his views on the Chinese economy and the importance of entrepreneurship in supporting development.

CHINA’S economy will face “a difficult three to five years” but the slowdown will be good for its long-term development, Alibaba executive chairman Jack Ma told the South China Morning Post (SCMP) just before the e-commerce giant’s takeover of the 113-year-old newspaper.