The BBC interviewed CKGSB Professor of Finance Li Wei regarding Alibaba’s importance and potential, as Jack Ma officially stepped down as CEO on May 10th.
By connecting Chinese sellers with online buyers, Alibaba's founder and chief executive, Jack Ma, helped elevate China to become the world's factory, says Li Wei, a professor of economics at the Cheung Kong Graduate School of Business in Beijing.
"His platform is a win-win for everyone involved," Mr Li says. "When Alibaba is successful, behind Alibaba are millions of people, tens of millions of people who are successful, and millions of businesses. There's a huge networking effect."
Please read the full article on the BBC website.