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Arthur Wheaton, an automotive expert with Cornell University's School of Industrial and Labor Relations, said that because Chinese auto market is the largest in the world, all global auto companies will make an attempt to meet whatever policies are in place to continue in the market.
Arun Kumar, director in the automotive and industrial practice at AlixPartners LLP, a consulting firm, told China Daily that cost is driving the newly formed alliances.

Apple shares have soared this year even as the coronavirus has crippled economies around the world, thanks in large part to booming sales of work-from-home items.
As PV costs have been relatively high, PV power generation can hardly compete with conventional technologies. Subsidies are usually necessary at the beginning of a new sector. As PV is on its way to fully commercial technology, the costs for PV continue to fall as well as the need for subsidies.
As 2018 marks the 40th anniversary of the China's reform and opening up policy, Siphana said the reform and opening up had not only benefited China itself, but also all countries across the globe.
来源:资阳报