Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

China looks to Musk as conduit to Trump, seeking to ward off harsh policies

Mint Mumbai

|

November 25, 2024

In China, Musk is a symbol of the American dream and of US technological prowess

- Yoko Kubota & Raffaele Huang

China looks to Musk as conduit to Trump, seeking to ward off harsh policies

Elon Musk has showed off a Tesla to China's premier inside Beijing's walled leadership compound and dined with Donald Trump at Mar-a-Lago. If there is anyone with the connections to work things out between the world's two feuding superpowers, it just might be Musk—or so many in Beijing are hoping.

Chinese leaders enjoy some leverage over the Tesla chief executive, who has poured billions of dollars into investments in Shanghai. He has said Chinese leaders "really actually seem to care a lot about the well-being of the people."

That contrasts with the many China hawks in Trump's orbit including Treasury secretary nominee Scott Bessent, who recently called Beijing a "despotic regime" that needs to be hit with high tariffs to protect American jobs.

In China, Musk is a symbol of the American dream and of U.S. technological prowess. Even Musk's 76-year-old mother, Maye Musk, boasts celebrity status. "Given his investment in China and also given his relations with Chinese leaders, people do hope that he can play a constructive role in the second Trump administration," said Wu Xinbo, director of the Center for American Studies at Fudan University.

The uncertainties surrounding the idea are many, starting with whether Musk would be interested in serving as go-between and whether Trump and others in his cabinet want him involved in China policy. And if Trump is determined to impose high tariffs on Chinese goods, as he has suggested, there may be nothing to talk about.

Yet in Beijing, another view prevails, perhaps with a touch of wishful thinking, that Trump and Musk are pragmatic CEOs ready to negotiate.

Trump "has this business instinct and wants to make deals," said Wang Huiyao, president of the Beijing-based think tank the Center for China and Globalization. For that reason, Wang said, Trump would want to tap business executives such as Musk to deal with China.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

TCS, Wipro US patent suits worsen IT's woes

Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

AI bond flood adds to market pressure

Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.

time to read

4 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Auto parts firms spot hybrid gold

Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

3 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

HOW TO SPOT A WINNING STARTUP IPO

As a flood of new listings burns small investors, we investigate the overlooked metrics

time to read

9 mins

November 25, 2025

Mint Mumbai

WHY INDIA HAS FAILED TO CURB AIR POLLUTION

Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.

time to read

4 mins

November 25, 2025

Mint Mumbai

Micro biz has a harder time securing loan to start up

Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Inverted duty fix is next on GST agenda

GST Council to expand work on fixing anomaly at next meet

time to read

2 mins

November 25, 2025

Mint Mumbai

Mint Mumbai

Why was a fresh approach to QCOs needed?

The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.

time to read

2 mins

November 25, 2025

Mint Mumbai

Climate: Hope lives

Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.

time to read

1 min

November 25, 2025

Listen

Translate

Share

-
+

Change font size