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Analysts, however, cautioned about the downside risks from the COVID-19 epidemic and a potential sluggish recovery in demand. External demand could be hit by a worsening global pandemic or rising Sino-US trade friction, while the difficulties faced by small businesses could weigh on employment and domestic demand.

And with that, he said he was finished with the argument.

And finally, in a recurring proposal, Newground Social Investment calls on the company to issue a regular, detailed report on its political contributions and expenditures. Amazon’s board recommends that shareholders vote against this proposal, as well, citing the company’s?existing annual political expenditures report.

And Yu contended that the initiative is not an attempt by China to exert its economic and political influence globally.

Analysts said CATL's lead will continue for a while to come, but it's clear that the company will face more pressure than before.