Caixin
Jun 05, 2023 08:02 PM
OPINION

Editorial: How to Win Over Businesses at Home and Abroad

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Shanghai’s Communist Party Chief Chen Jining shakes hands with Elon Musk in the finance hub Thursday. Photo: Courtesy of the Shanghai Municipal People’s Government
Shanghai’s Communist Party Chief Chen Jining shakes hands with Elon Musk in the finance hub Thursday. Photo: Courtesy of the Shanghai Municipal People’s Government

Recently, Elon Musk, CEO of Tesla, visited China and met with several high-level officials. For Musk, the visit was part of his efforts to expand his business. For China, the visit signaled its commitment to openness and its ongoing willingness to collaborate. Against a backdrop characterized by unprecedented geopolitical complexity and an unabating drive toward deglobalization, this commitment will facilitate a recovery in China’s economy. It also serves as the most effective response to certain countries’ schemes to encourage “decoupling and disconnection.”

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