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"Even if Geely and Daimler reaches cooperation deals, they will take a long time to gain regulatory approval. Also, Daimler will tread carefully when it deals with partners, as Audi's attempt to find a second partner in China resulted in protests and hurt its sales."

"Electrification is just the beginning of the new energy vehicle industry. The industry will be further shuffled by new visions and technologies."

"Despite that kind of national or political level competition, companies are here with long-standing and strong partnerships with their Chinese suppliers, Chinese vendors and customers," Margulies said.

"Everything is on the tariff list," said Doug Friesen, CEO of SANY America. "As a global company, we are concerned about that because it affects our businesses."

"Despite various uncertainties in the global political environment, Chinese companies are increasingly expanding overseas and global firms are quickly identifying opportunities from the further opening up of China's market," said Liu Bing, co-president of the Beijing-based Hengchang Litong Investment Management.