Correct. But the authoritarian undemocratic set-up under which China has grown has its cons too. Its like a bubble or a balloon which may burst as soon as the pressure crosses a threshold. Growth under a thumb cant continue for ever.
LoL, The west has been saying that for at least 40 years already, let India say it for another 40 years.
Correct. But the authoritarian undemocratic set-up
But better suited for the people
Elon Musk: Chinese government more responsive to the people than US
Gadgets Now Bureau | Jan 3, 2021, 09:48AM IST
In a wide-ranging
interview with Business Insider, Tesla CEO
Elon Musk spoke on a lot of issues. One was Tesla’s growing association with China. Musk was asked about the role of China’s standing in the world of technology and if the “ethical limitations” and certain regulations bothered him. To this, Musk replied
, “My experience with the government of China is that they actually are very responsive to the people, in fact, possibly more responsive to the happiness of people than in the US.”
The Tesla CEO also said that whenever he has met with
Chinese government officials they’ve always been concerned about people’s happiness. “Are people going to be happy about a thing? Is this going to actually serve the benefit of the people?,” said Musk about how the Chinese officials have come across to him.
Musk also delved into the geopolitical situation in China and said that it was somewhat “ironic,
but even though you have sort of a single-party system, they really actually seem to care a lot about the well-being of the people.” He further said that contrary to public perception the Chinese are sensitive. “In fact, they're maybe even more sensitive to public opinion than what I see in the US,” he said.
In the past as well Musk has spoken glowingly about China. In an earlier interview with a podcast, Musk was asked about what China and its electric vehicles strategy. Musk replied,
“China rocks in my opinion. The energy in China is great. People there – there’s like a lot of smart, hard-working people.”
Musk had quite an impressive 2020 and ended up as the second richest man in the world. With Tesla’s market value growing rapidly, Musk’s estimated wealth has grown directly in proportion.
In a wide-ranging interview with Business Insider, Tesla CEO Elon Musk spoke on a lot of issues. One was Tesla’s growing association with China. Musk was asked about the role of China’s standing in the world of technology and if the “ethical limitations” and certain regulations bothered him.
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