Eilon Mask strengthens its presence in China with a new company

US entrepreneur Elon Mask plans to strengthen his presence in China by opening a Chinese unit for his tunnel company, Boeing.

In January, Masak, General Manager of Tesla, began construction of a major auto manufacturing plant in Shanghai, with the goal of producing half a million electric cars in China each year.

Maskak's move comes despite intensifying differences between the United States and China, but the entrepreneur has good relations with Beijing.

He also attended the second session of one of the most important technology conferences in China.

The CEO of Tesla Motors will attend the 2019 World Artificial Intelligence Conference in Shanghai this month, a Facebook fan said.

"We will also launch Boring Company China during the visit," said Musk.

The conference will include two summit meetings at which government officials, delegates from international organizations, top scientists and entrepreneurs will discuss the development of the artificial intelligence sector to achieve development, high quality implementation and governance.

The Shanghai government said the conference, scheduled from August 29 to 31, will focus this year on the intelligent world badociated with artificial intelligence technology.

He founded the Boring Company to dig tunnels for high-speed underground transport systems, saying it would be faster than the high-speed trains currently available and based on electromagnetic pulses.

Chinese Premier Li Keqiang promised in January to Mask to grant him the Chinese Green Card, a privilege granted to a limited number of elites and able to reside permanently in China.