Bloomberg characterised Beijing’s consideration of a potential Musk transaction as “nonetheless preliminary,” noting that Chinese language officers have but to succeed in a consensus on how one can proceed.
Musk is an in depth ally of Trump and is predicted to play an influential position in Washington within the coming 4 years.
He additionally runs the electrical automotive firm Tesla, which has a significant manufacturing unit in China and counts the nation as one of many automaker’s largest markets.
Trump has repeatedly threatened to enact new tariffs on Chinese language items, which might develop a commerce battle begun in his first time period and which was largely upheld, and in some circumstances supplemented, by outgoing President Joe Biden.
