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Musk offers proposal on China-Taiwan tensions, after Russia-Ukraine plan

Stock Markets Oct 08, 2022 09:40AM ET
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© Reuters. FILE PHOTO: Tesla Motors CEO Elon Musk delivers Model X electric sports-utility vehicles during a presentation in Freemont, California September 29, 2015. REUTERS/Stephen Lam/File Photo
 
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By Kanishka Singh and Hyunjoo Jin

WASHINGTON (Reuters) -Billionaire Elon Musk, days after floating a possible deal to end the war between Russia and Ukraine that drew condemnation in Ukraine, suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing.

"My recommendation . . .  would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won't make everyone happy," the world's richest person, told the Financial Times in an interview published on Friday.

Musk was responding to a question about China, where his Tesla (NASDAQ:TSLA) electric car company operates a large factory in Shanghai.

Beijing, which says democratically ruled Taiwan is one of its provinces, has long vowed to bring Taiwan under its control and has not ruled out the use of force to do so. Taiwan's government strongly objects to China's sovereignty claims and says only the island's 23 million people can decide its future.

"And it's possible, and I think probably, in fact, that they could have an arrangement that's more lenient than Hong Kong," Musk, was quoted as saying by the newspaper.

China has offered Taiwan a "one country, two systems" model of autonomy similar to what Hong Kong has, but that has been rejected by all mainstream political parties in Taiwan and has no public support, especially after Beijing imposed a tough National Security Law in the city in 2020.

Taiwan's Foreign Ministry declined to comment on Musk's comments on Saturday.

Wang Ting-yu, a senior lawmaker for Taiwan's ruling Democratic Progressive Party who sits on parliament's foreign affairs and defense committee, slammed Musk on his Facebook (NASDAQ:META) page.

"Individual independent companies cannot take their ownership as a joke," Wang said. "So why should they casually pass off the democratic freedoms, sovereignty and way of life of 23 million Taiwanese? It's not acceptable for Ukraine, and Taiwan certainly won't allow it."

A senior Taiwanese official familiar with security planning in the region told Reuters that "Musk needs to find a clear-headed political adviser".

"The world has seen clearly what happened to Hong Kong," the official said on condition of anonymity as he was not authorized to speak to the media. "Hong Kong's economic and social vibrancy abruptly ended under Beijing's totalitarian rule."

Chinese foreign ministry spokesperson Mao Ning, asked about Musk's remarks, said Taiwan was a "domestic affair", adding that Beijing would continue to adhere to the principle of peaceful reunification while "resolutely smashing" Taiwanese separatism.

The Shanghai factory accounted for about half of Tesla's global deliveries last year. Musk said China has sought assurances that he would not offer the Starlink internet service of his SpaceX rocket company there.

Musk said he reckoned that conflict over Taiwan was inevitable and warned of its potential impact on not only Tesla, but also on iPhone maker Apple Inc (NASDAQ:AAPL) and the wider economy. The interview did not elaborate on those remarks.

Earlier this week, Musk proposed that Ukraine permanently cede Crimea to Russia, that new referendums be held under U.N. auspices to determine the fate of Russian-controlled territory, and that Ukraine agree to neutrality.

He asked Twitter users to weigh in on his plan, drawing sharp criticism from Ukrainian President Volodymyr Zelenskiy, who proposed his own Twitter poll: "Which @elonmusk do you like more? One who supports Ukraine (or) one who supports Russia."

Musk offers proposal on China-Taiwan tensions, after Russia-Ukraine plan
 

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Comments (32)
Carrascal Eduardo
Edouard Oct 10, 2022 1:35PM ET
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We have the feeling of living in the most unstable world that has ever been. Perhaps after Biden comes the President of the USA that the World needs, young man, who looks inward, educated in the knowledge and respect of the Millennial roots of the peoples and nations, who understands that the Russia-Ukraine conflict is a civil war, like the one experienced in the past by the states of North America, and China-Taiwan a painful separation of a century
Andrew Kittle
Andrew Kittle Oct 10, 2022 5:27AM ET
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Problem with an agreement like Hong Kong is that Xi does not have any integy dont believe anything Xi says. look at his bad records violating international law.
Martin Wyckoff
Wyckoff Oct 09, 2022 6:11PM ET
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a political genius and a billionaire? this is impossible
Jeff Chui
Jeff Chui Oct 09, 2022 3:57AM ET
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After researching on ukraine and taiwan history….Elon’s proposal actually makes a lot of fair sense.
Yellow Owl
Mystic_Owl Oct 09, 2022 12:22AM ET
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Not a bad idea, Musk! What the weak readers don't realize is he doesnt mind if you criticize him. He encourages disagreements. Clearly, this comment section shows why some men succeed why others dont. Its largely the ability to overcome one's biases.
Peter Andersen
Peter Andersen Oct 09, 2022 12:22AM ET
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I don’t care how successful he is he should stay out of this war like trump should they are ice cold business men his biggest factory is in china think one more time
Dave Jones
Dave Jones Oct 08, 2022 10:39PM ET
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I like Elon Musk.
Peter Andersen
Peter Andersen Oct 08, 2022 10:39PM ET
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Hooommo
Paul Kerber
Paul Kerber Oct 08, 2022 2:12PM ET
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Musk, what the *****are you doing, don't side with fascists. Democracy rules.
kevin stone
kevin stone Oct 08, 2022 2:12PM ET
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he is a business man and at the end of the day that's where his interests lie
Brad Albright
Brad Albright Oct 08, 2022 2:07PM ET
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I admire a guy who sm okes marahoochi and goes off half clocked. He's a real role model.
Robert Cox
Robert Cox Oct 08, 2022 2:07PM ET
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sarcasm?
Brad Albright
Brad Albright Oct 08, 2022 2:07PM ET
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Of course!
Erikke Evans
Erikke Oct 08, 2022 2:07PM ET
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Musk is in over his head. Same with Twitter.
Brad Albright
Brad Albright Oct 08, 2022 2:05PM ET
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I admire a guy who smokes marahoochi and goes off half co cked. He's a real role model.
 
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