Comments by "D W" (@DW-op7ly) on "Italy and China sign a 3-year plan as Italian leader Meloni tries to reset relations" video.

  1.  @ilmaio  Btw 30 million cars are sold in China every year 8 million of them were EVs in 2023 Where 300 thousand Chinese EVs were sold in the EU in 2023 This year 10 million EVs will be sold in China in 2024. Probably much less Chinese EVs will be sold in Europe That still will leave 20 million ICE vehicles sold in China this year many of them will be sold by European or American legacy car manufacturers That’s the thing big talkers like you don’t get…. not only does the EU multinational corporations based in China sell 500 billion Euro worth in good and services to the Chinese consumer But these Multinational corporations, make the lions share of the profits exporting their goods from China back to the EU . Inflating those Chinese export figures 👇 Europe's listed firms expect to glean $514 billion in revenue from China LONDON (Reuters) - European listed firms expect to receive 449 billion euros (£392 billion) in total revenue from China in 2019, with luxury brands and automakers the most exposed sectors, a Refinitiv analysis of company data shows. The data underscores the role China's burgeoning middle class is increasingly playing in determining the corporate and economic health of Europe, as concerns grow that their spending has slowed as Chinese economic growth cools. Among the pan-European STOXX 600 index, consumer firms including Swatch, Richemont and BMW, derived the biggest chunk of revenues from China - with a total of 120 billion euros sales from the country, the analysis based on companies' estimates of their 2019 revenue shows. Reuters
    10
  2. 1