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"Chinese automakers have the capacity to challenge the dominance of market leaders on the back of economies of scale and they already have an edge with the electric vehicle technology that fits well into the Indian government's vision to become a key global base for electrification," said the report quoting Amit Kaushik, managing director at the consultancy firm Urban Science.
"Chinese bearing companies should have the confidence in producing high- and middle-end products."

"China should not lose focus in reducing financial risks, and we have confidence that it will succeed in this difficult task," said Goldberg.
"Compared with the more frequently used 500kV high voltage direct current power transmission (HVDC), the company decided on 800kV UHVDC for higher power capacity and more stable transmission to meet the growing power demands of the Greater Bay Area," said Zhang Yan, deputy general manager for the Kunming's operations of the Wudongde DC Project.
"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.
来源:资阳报