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When was last the titanic wave hit China economy?
$NIO Inc (NIO.US)$ A 3.9% GDP projection is just to tell everyone the wave is hitting the China shore. To maintain huge borrowing and help so many countries to build infrastructure. I guess at least 5%, GDP growth is a must. We welcome a smooth landing or a hard one , depending on the easing of monetary policy, which the central government is doing now. Is this good enough? don't forget that the trade embargo with the USA is not going to go off this year. Wish the CNY currency stay strong to fight the war ahead!! double blow to it economy, i guess. Happy trading. NIO with zero profit will face more head wind when the currency is devalued.
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景川 : Don't forget! Unlike some others, NIO's business is in CHINA, not in US!
Dragon Fish 景川 : Nio's U.S. office contributes to the company's overall operations but does not directly generate revenue in the way its vehicle sales or energy products do. Nio's revenue primarily comes from its electric vehicle sales, battery services, and other related offerings, which are concentrated in markets like China. The U.S. office focuses on areas such as research and development, software, and autonomous driving technology, supporting the company’s global strategy rather than serving as a direct revenue source.