David Cameron appoints Alibaba billionaire Jack Ma as business advisor
Chinese e-commerce entrepreneur will assist the prime minister in getting small and medium-sized companies exporting overseas
David Cameron has appointed Alibaba Group founder and chairman Jack Ma as his business advisor.
Chinese billionaire Ma, who started the e-commerce trade site in 1999 with co-founder Peng Lei, will join Cameron’s Business Advisory Group and will “provide particular help and advice on how to get small and medium-sized British businesses boosting their exports and in particular accessing Chinese markets”.
Ma will be working alongside the group’s 19 members which includes chief executives from BP, Rolls-Royce and easyJet.
The news comes as Chinese president Xi Jinping commences his four-day state visit to Britain and follows recent comments from Cameron that close ties with China will be “vital to cementing Britain’s economic growth” in years to come.