”En svår balansgång” när Musk besöker Kina
Chinese Foreign Minister Qin Gang with Elon Musk. TT
The US-China relationship
"A difficult balancing act" when Musk visits China
In the last few days, Elon Musk has been traveling in China to visit Tesla's factory in Shanghai and meet with a number of Chinese ministers and prominent entrepreneurs. According to a statement from China's Ministry of Foreign Affairs, the discussions have been about the development of electric vehicles, Tesla's future in China and relations between China and the United States, writes NBC News.
Chen Jining, the Communist Party leader in Shanghai, in a separate statement encouraged the Tesla founder to increase his investments and operations in China, which is Tesla's largest market after the United States.
But the visit to China means a difficult balancing act for Musk as tensions increase between Washington and Beijing, points out Dan Ives from the investment company Wedbush Securities. Musk must try to court China and at the same time avoid backlash in the United States, he says.
- Playing nice in the sandbox in Beijing is something Wall Street is laser-focused on, says Ives to the BBC.
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