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15 of the best quotes from Jack Ma’s interview at Davos

Alibaba founder and chairman Jack Ma returned to Davos today for the first time in years for a chat. Interviewed by CBS’s Charlie Rose, Ma – chatty and eminently quotable as ever – talked about his early days as an entrepreneur, the origins of Alibaba, and some more contemporary issues as well.

Here are 15 of his best quotes:

Ma returned to many of his favorite themes, such as how the marketplace model that Alibaba uses with its many estores can enable small companies and merchants to do business online. He expects ecommerce to be totally mainstream soon so that the word doesn’t need to be used. Then he launched into talking about Alibaba then and now, referencing the time that TIME magazine descibed him as crazy…

"They called me crazy Jack. I think crazy is good. We're crazy but we're not stupid."

"If you don't do it, nothing's possible."

"I think in 10 years, we'll be bigger than Walmart."

Rose then asked Ma about tai chi, the martial art that he practices. He used the art to draw a comparison with doing business.

"It's about balance: You're heavy, I'm small. When I'm small, I can jump. You're heavy, you cannot jump."

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The full session runs to 45 minutes. The embed code isn’t working well, so go check out the video here. Ma and Rose ended the chat on the subject of China’s slowing GDP growth. The double-digit growth has now given way to about seven percent expansion, and Chinese Prime Minister Li Keqiang recently embraced this by saying that China’s economy is entering a “new normal” of slower but healthier growth. Ma agreed that it’s more sustainable, particularly with regard China’s environment, hinting at environmental concerns he has expressed numerous times over the past few years.

"If China still keeps 9% of growth of the economy, there must be something wrong. You would never see the blue sky."

"Grow your mind, grow your culture, grow your values, grow your wisdom. I think China is going in this direction."