Bill Russo, CEO of Automobility, says China has built dominance in automotive electronics, hardware and software. He adds that global automakers need to incentivize Chinese companies to invest globally, so they can take advantage of China's economies of scale. He also addresses the internal problems in China's market, including oversupply and aggressive price cuts.
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Video at Youtube: https://www.youtube.com/watch?v=l7CCgOArFLw