Alibaba Smashes Singles' Day Record

The transcript discusses Alibaba's record-breaking sales on Singles Day, highlighting the event's significance for the Chinese economy and international companies. It also addresses concerns about US-China trade relations following Donald Trump's election, with potential impacts on companies like Alibaba and others reliant on the Chinese market.

What record did Alibaba break on Singles Day?

• Sales of 10 billion U.S. dollars

• Sales of 13.3 billion U.S. dollars

• Sales of 15.5 billion U.S. dollars

• Sales of 20 billion U.S. dollars

Which international companies participated in Alibaba's Singles Day?

• Tesla, Ford, and GM

• Microsoft, Google, and Amazon

• Apple, Nike, and Adidas

• Samsung, Sony, and LG

What was a major concern for Chinese companies regarding Trump's presidency?

• Rising labor costs in China

• Decreased demand for Chinese products

• Jeopardizing US-China trade relations

• Increased competition from European markets

Which Chinese company was mentioned as being most exposed to potential US tariffs?

• Alibaba

• Huawei

• Baidu

• Tencent

How are Chinese policymakers approaching the new US administration?

• By reducing exports to the US

• By immediately imposing retaliatory tariffs

• By waiting to see if President Trump is reasonable

• By seeking alliances with European countries