Home Economy China urges ‘mutual respect’ as Tesla CEO Elon Musk visits

China urges ‘mutual respect’ as Tesla CEO Elon Musk visits

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China urges ‘mutual respect’ as Tesla CEO Elon Musk visits
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China urges ‘mutual respect’ as Tesla CEO Elon Musk visits

19 minutes ago

Tesla boss Elon Musk said he was against “disengaging and breaking chains” with China during his visit to Beijing. The country accounts for half of global sales of electric vehicles.

https://p.dw.com/p/4RxrP

Elon Musk gestures during a press conference in Texas
Elon Musk is visiting Beijing amid strained US-China relationsImage: Jim Watson/La Nacion/Zumapress/picture Alliance

Elon Musk, Tesla’s chief executive, met Chinese Foreign Minister Qin Gang on Tuesday, the Chinese ministry said.

Qin told Musk that China is “committed to creating a better internationalized and market-oriented business environment” for foreign companies, according to the ministry’s statement.

China’s electric vehicle market “has broad development prospects,” Qin said in the statement. China accounts for half of global electric vehicle sales.

“We need to keep the steering wheel in the right direction of mutual respect, peaceful coexistence and win-win cooperation,” Qin told Musk at their meeting.

Musk visited Beijing for the first time since 2020. His electric car company Tesla has a factory in China, with another in the works.

“Tesla is opposed to ‘untying and breaking chains’ and is willing to continue to expand its business in China,” Musk was quoted as saying.

Source: DW

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