Editor’s note for Tuesday, May 11, 2021
A note from the editor of today's The China Project Access newsletter.
My thoughts today:
โElon Musk meets the dregs of Marxโ is how historian Zhฤng Lรฌfรกn ็ซ ็ซๅก reacted (in Chinese) to the latest bad news in China for the famous entrepreneur, a Reuters report titled โTesla puts brake on Shanghai land buy as U.S.-China tensions weigh โ sources.โ
A little earlier, the South China Morning post noted that Tesla is suffering a โsetback in China as backlash over safety, quality of its electric cars sinks sales by 27%.โ
Musk may be able to defy business conventions and double the price of a stock or cryptocurrency with a tweet, but he may have met his match in the Chinese Communist Party.
Our word of the day is โThe 1.41178 billion in Xi Jinpingโs heartโ (ไน ่ฟๅนณๅฟไธญ็14.1178ไบฟ Xรญ Jรฌnpรญng xฤซnzhลng de shรญsรฌ diวn yฤซyฤซqฤซbฤ yรฌ), the top headline on Xinhua referring to Chinaโs official tally of its population after a delayed release of census results.
โJeremy Goldkorn, Editor-in-Chief
