Elon Musk told Beijing officials that he’s against the US and China decoupling their economies.
In a visit to the country, he described the US and China as “conjoined twins,” per a statement from China’s foreign ministry.
That comes as US-China relations are under intense strain, raising concerns for firms with business in the country.
Elon Musk told officials in Beijing that he’s opposed to the US and China weakening economic ties, according to the Chinese Foreign Ministry.
Musk’s private jet landed in Beijing on Tuesday, marking the billionaire’s first visit to China in nearly three years. That comes as US-China tensions reach a potential breaking point, with Chinese officials expressing fury in recent months over US politicians’ show of support for Taiwan and Congress’s heated questioning of TikTok’s CEO over security concerns.
US lawmakers are reportedly considering limits on US investment in Chinese firms, which caused China to suggest it could retaliate if its companies continue to face harsh treatment in the US.
Fraying economic ties between the two countries could be a major worry for firms like Tesla, which has key production and manufacturing plants in China that help it keep production costs low.
https://finance.yahoo.com/news/elon-musk-told-officials-beijing-000332776.html
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