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Goldman Sachs expects Chinese companies' overseas market share to reach 31% by 2035

CNBC ·

GS Goldman Sachs Group Inc
$891.91 -0.23%
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  1. 1The overseas market share of Chinese companies is projected to reach 31% by 2035.
  2. 2Geely announced plans to enter the Canadian market next year.
  3. 3A loss of 10% to 15% in existing companies' market share could result in a decrease of 50% to 80% in their market capitalization.

So what's the key point?

The overseas market share of Chinese companies is expected to reach 31% by 2035. Existing companies could see their market capitalization decrease by up to 80% as they lose market share.

Source CNBC · View original ↗

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