WS #15375

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Goldman Sachs reports a 9% sequential increase in China's New Energy Vehicle orders, providing a positive signal for the global EV supply chain and Chinese manufacturing. This contrasts sharply with Jefferies' data showing continued weakness in European construction, highlighting a divergence in global economic recovery trajectories.

China EV and Global Manufacturing

Goldman Sachs reports a 9% sequential increase in China's New Energy Vehicle orders, providing a positive signal for the global EV supply chain and Chinese manufacturing. This contrasts sharply with Jefferies' data showing continued weakness in European construction, highlighting a divergence in global economic recovery trajectories.

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