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Analysts: A-share market will pick up in the long term despite recent pressure
And it's not just confined to language courses. China's growing consumers have shown they will spend big money on the right educational programs.
Analysts said the brand will erode the market share of Chinese carmakers, as well as affordable foreign ones including Kia and Hyundai. FAW-Volkswagen is expanding its business besides car production and sales. The company started its car-sharing program last year, with a fleet of 200 vehicles in Changchun, capital of Jilin province, where the carmaker is headquartered.
Analysts at Jefferies Financial Group, a New York investment bank, said the coronavirus appears to be spreading in Arizona, Texas and Utah. As a result those states are experiencing an economic slowdown after earlier signs of a rebound.
And it is something that the Chinese authorities would like to see. In a document released in June 2017, the NDRC said that "carmakers are encouraged to make the most of international technologies, capital and human resources to raise the level of China's new energy vehicle sector".
来源：资阳报