Jack Ma bemoans 'stupid' trade war; but South-east Asia is upbeat

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Alibaba founder Jack Ma has called the trade war “the most stupid thing in this world”. While tensions rise, with an increasing expectation that the US will add more tariffs on Chinese exports next year, Mr Ma argued that in fact China was soon to become a major buyer of foreign products, as the services sector, rather than manufacturing, was now powering its job growth.

Not everyone, however, is set to suffer from the trade war. South-east Asian nations are feeling ...