“If you look at Alibaba for the last five years, there were a ton of setbacks. The long-time Alibaba employee also expects AI to help Chinese enterprises go global more easily. “When Chinese companies grow overseas, there is an inherent obstacle: most people around the world don’t speak Chinese, whereas English is spoken everywhere,” he said. He added that Europe could serve as an attractive alternative market for Asian companies. “I believe that Europe is still an incredible opportunity for Asian companies,” he said.