The Strategist

Musk forecasts rapid growth of China's economy

12/07/2021 - 08:27

China's economy will soon be two to three times the size of the US economy, said US entrepreneur and SpaceX founder Elon Musk.

James Duncan Davidson
James Duncan Davidson
He noted that the US has the largest economy in the world "for a long time". "Now we are approaching a situation where China's economy could conceivably be two to three times the US economy. It's just a different world," Musk said in an interview on a video conference hosted by the Wall Street Journal.

The entrepreneur added that a large number of Chinese authorities have grown up with the feeling that the country's economy is "small" and the PRC has been "treated unceremoniously".

At the same time, Musk stressed that electric car manufacturer Tesla, of which he is the founder, has good relations with China.

"I don't want to make it seem as if I support everything China does, nor will I say I support everything the US or any other country does. All in all, I think we are moving towards an interesting and new world. We should remember that we are all human beings," he said.