China sends message to Musk saying 'we are open for business'

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China sends message to Musk saying 'we are open for business'

Chinese Foreign Minister China Gang stated that China will continue to adhere to its policy of opening up to the outside world and is open to investments from companies from all over the world in this regard. According to a statement from the Chinese Ministry of Foreign Affairs, Minister China Gang stated that China’s modernization and development will create unprecedented growth potential and offer new opportunities to the world. China Gang emphasized that they will provide a better international business environment based on market rules and laws for all companies, including Musk’s electric car manufacturer Tesla. China Gang, who likened China-US relations to driving a car, said, “For healthy, stable and constructive relations, we should turn the steering wheel in the right direction and prevent accidents by applying the brakes in time.” Musk compares it to ‘Siamese twins’ Musk also emphasized that the interests of the US and China are interconnected and inseparable “like Siamese twins,” and noted that he is against the severing of economic and trade ties and the cutting of chains. Musk, who pointed out that Tesla wants to expand investments in China, underlined that they want to get a greater share of development opportunities. The company, which aims to expand its "giga factory" in Shanghai, which can produce 1 million electric cars per year, with an additional capacity of 450 thousand, plans to establish a large-scale facility in the city for the production of energy storage units called "Megapack".