3/9/17 new: BRICS plus India, Brazil, China, Russia, S Africa + Mexico Egypt Thailand Guinea Tajikstan. At China G20, China debated best multi-win ideas for 21st youth productivity - that Adam Smith or Maynard Keynes would score. ref 1 -cg A B z AIIBnews -do you konw O2O destiny

online library of norman macrae-- Entrepreneurial Revolution - the curriculum of how to value small enterprise and sustainability exponentials of the net generation - was started by alumni of Norman Macrae The Economist 1972. By 1976, Norman was clarifying why the sixth of the world (whose brand reality is) communal pride and individually passionate to be Chinese need to be valued by netgen as critical friends to uniting sustainability race for planet and humanity. More on "why china" is systematically pivotal to 21st C coming of age in sidebar. Chinathanks.com maps 1) countries joining Chinese inspired sustainability open systems solutions as well as 2) which global youth professions (eg coding) are mapping value sustaining trades with china - eg EWTP : 21st C version of Silk Road of celebrated by Marco Polo and Hangzhou goal 14 oceans AIIB 1 ted hosts -- 2017 year of mapping sustainability banking -china to commercialize 5g by 2020 -valuing culture -jack ma 1 2 e3

Sunday, August 14, 2016

draft world record jobs creator jack ma -text us 240 416 8157 to help[ us edit

references Jack MA TV
Up to 1995, living in a relatively impoverished city compared with its neighbor Shanghai. the only skill Jack ma knew better than anyone in his world was english language tutoring
In 1995 he was sent to the usa on an exchange mission and encountered the worldwideweb - then unknown in China. He determined the www would be the biggest job creating innovation of his (or his generations) life and hopefully of every Chinese entrepreneur he could valuably link into.
Over the next 15 years his wizard coding teams went from something that was little more than an electronic yellow pages for small businesses to conceiving sustainability generation's 2 greatest retailing platforms china or the world may ever have seen..
the taobao platform is the most valuable job creating concept retailers have ever mediated because it reverses the western trend of globalisiation of retailers, bankers and big corporations squeezing out local and small enterprises from having a market; how taobao did that is an extraordinarily detailed story but note how Ma was concerned to ensure even the most cut-off of Chinese villagers could start up on tao bao (rural ecommerce is one of the innovations that Ma has led the www purpose to linkin)
His other mall was pitched at the more usual high cost fashions of big global merchandisers. Because of complex property laws in chinese cities, most expensive retailers are not much of a joy to shop in. So ali baba created a lifestyle -eg celebrate singles day 11/11 shopping virtually rather than the physically exhausting  interaction in The West's biggest shopping days of the year)  
SO 365/24/7 consumers of ali baba can choose who they value developing most with their purchasing power as well as searching merchandise with global image or local cultural joy
Alibaba has become china's and probably the word's largest retailing channel. It does this with next to no merchandise but brilliant coding so that every store front on its platforms delivers with equal reliability. Hunting out exactly how Ma forms partnerships so that big data analysis benefits the smallest enterprises and most local consumers ought to be a job of whomever is sustainability goals greatest economist.
Intriguingly to ensure he could compete with the chinese internet companies that raced to co-create the www that Ma had opened space for in china, Ma IPO'd Alibaba through a process 2010-2015 while developing his secret sustainability weapon under private ownership.

Earlier in the 2000s Ali Baba had been quoted on the hong kong stock exchange,   with the emerging innovations of AlIpay as china's number 1 digital credit transaction system and maybe global youth most humanly productive coding achievement to date; additionally alibaba carries 2 billion of dollars of SME loans on its books- only 2% non-performing = altogether ma has designed probably the world's most sustainable financial inclusion model
Comparing china's top 10 internet properties with the west's is very interesting. Are the consuming behaviours on ali baba more sustainable than those on amazon or ebay or paypal? Are the learnng behaviours on baidu more sustaining of youth than on google or coursera or microsoft's linkedin. Time will tell but note how speaking english, chinese and coding (as well as mother tongue) are probably what educators anywhere on planet earth should NOW be most valuing their global youth's future freedom to thrive entrepreneurially around.  

UPDATES
ali baba onbly entered consumer finance with a monet market product in 2013 - YU'e Bao can be opened by anyone with an alipay account  YU'e bao offered much better interest rates to savers-a year after its launch 100 million people had deposited around 93 billion  dollars

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