Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Witkoff says he and Secretary Rubio will travel to Istanbul on Friday, unsure if Putin will attend
Trump: Iran situation will work out
US, Qatar sign offer agreements for MQ9 aircraft
US, Qatar sign agreement on defense
Qatar signs aviation agreement to purchase jets from US Boeing
White House: Trump called on al-Sharaa to "tell all foreign terrorists to leave Syria, deport Palestinian terrorists, help US prevent resurgence of ISIS, assume responsibility for ISIS detention centers in northeast Syria."
White House says Trump called on Al-Sharaa to join normalization accords with "Israel".
Israeli media, citing officials: Despite the Israeli plea, Donald Trump announced lifting sanctions on Syria
Anadolu: Turkish President Erdogan, US President Trump, Saudi Arabian Crown Prince Mohammed Bin Salman, and Syria's Sharaa hold online meeting.
YAF spokesperson Yahya Saree: Missile on Lod [Ben Gurion] airport is third in less than 24 hours, it achieved its target successfully.

Tesla's Musk praises China's 'vitality' on Beijing visit

  • By Al Mayadeen English
  • Source: Agencies
  • 31 May 2023 23:24
3 Min Read

Elon Musk praises China's "vitality and promise" during his trip to China and vows to expand his business there.

  • x
  • Elon Musk in a Tesla as he leaves a hotel in Beijing on Wednesday (Reuters)
    Elon Musk in a Tesla as he leaves a hotel in Beijing on Wednesday (Reuters)

Elon Musk, who is now visiting China and has met with numerous government officials, hailed the "vitality and promise" of the country on Wednesday, according to Beijing, and reportedly announced plans to expand his company there.

The erratic businessman, one of the richest men in the world, is visiting China for the first time in more than three years.

According to a Commerce Ministry readout of their meeting, he praised "the vitality and potential of China's development" when he met with Minister Wang Wentao in Beijing on Wednesday.

Musk "expressed full confidence in the China market, and was willing to continue deepening mutually beneficial cooperation."

As for China-US relations, he said they are "not a zero-sum game," the readout added, and thanked China for "the support and guarantees it provided for Tesla's Shanghai factory during the Covid-19 pandemic" when it was under strict lockdowns.

According to the Foreign Ministry, Musk told Foreign Minister Qin Gang on Tuesday that his company was "willing to continue to expand its business in China" and that he has a number of economic interests in the nation.

Tesla and Musk have not provided their own statement on the trip or answered AFP's requests for comment.

Musk also had a meeting with Industry Minister Jin Zhuanglong on Wednesday in Beijing to talk about "the development of new energy vehicles and intelligent connected vehicles," according to a readout from the Ministry of Industry and Information Technology.

Related News

Honduras makes official request to join BRICS-led NDB

Musk in China, Tesla to continue expanding business with Asian giant

The tycoon was spotted boarding his private aircraft at Beijing's Capital International Airport on Wednesday evening.

According to reports cited by Bloomberg, he is scheduled to visit his factory in Shanghai after that and may even have a meeting with Chinese Premier Li Qiang.

China is the largest market for electric vehicles in the world, and Tesla announced in April that it would expand its existing Gigafactory in Shanghai by building a second, much larger facility there.

Musk in China, Tesla to continue expanding business with Asian giant

The Chinese Foreign Ministry confirmed on Tuesday that Elon Musk met with Qin in Beijing, as the Tesla CEO kicks off his first visit to China in more than three years.

Qin told Musk that China was "committed to creating a better market-oriented, rule-of-law-based and internationalized business environment" for foreign companies, the Chinese Foreign Ministry said on its website.

In response, Musk stressed that "Tesla opposes 'decoupling and breaking chains', and is willing to continue to expand its business in China," as per the Ministry.

Musk's relations with China caught the attention of US President Joe Biden, who indicated in November that the executive's relationships with other governments were "worthy" of inquiry.

He has also stirred up controversy by advocating for Taiwan's integration into China, a position that was well-received by Chinese authorities but infuriated Taipei.

Chinese Foreign Ministry Spokesperson, Mao Ning, affirmed on Tuesday that Beijing welcomed visits by international executives "to better understand China and promote mutually beneficial cooperation."

Tim Cook, the CEO of Apple, visited Beijing in March and said that his business had a "symbiotic" connection with China. Albert Bourla, CEO of pharmaceutical behemoth Pfizer, also traveled to Beijing during the same month.

  • Shanghai
  • Beijing
  • Tesla
  • China
  • Elon Musk
  • Gigafactory
  • Qin Gang

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025
A boy draped in a Palestinian flag carries a mock rocket during a weekly anti-US and anti-Israeli rally in Sanaa, Yemen, Friday, May 9, 2025 (AP)

Yemen announces hypersonic missile strike on Ben Gurion Airport

  • Politics
  • 9 May 2025
President Donald Trump, left, greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington (AP)

US pressures 'Israel' for Gaza deal; Witkoff's Israeli rebuke leaked

  • US & Canada
  • 9 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Labour Party leader Keir Starmer with his wife Victoria make their way through supporters as they arrive at the count for the Holborn and St Pancras Parliamentary constituency where the Starmer is standing for election, in London, Friday, July 5, 2024 (AP)
Politics

UK Labour MPs urge government to recognize Palestine

Israeli exodus: 60,000 Israelis fled last year without return
Politics

Israeli exodus: 60,000 settlers fled last year on one-way tickets

Hollywood actors condemn Gaza violence days before Cannes Festival
Arts and Culture

350+ Hollywood actors condemn Gaza genocide ahead of Cannes Festival

Likud minister calls Trump as ‘unpredictable,’ unreliable
Palestine

Likud minister rebukes Trump, calls him 'unpredictable', unreliable

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS