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Analysts cited the ferocious efforts of international brands to expand their market share in China, the world's largest car market. Especially as Chinese customers had a preference for overseas brands, particularly in light of a slowdown in the market.

Analysts estimate that Apple will cut orders to Foxconn by 20 to 30 percent, mainly due to weak demand for the iPhone XR and XS Max. Media also reported Foxconn aimed to cut 20 billion yuan from its expenses this year as it faces a very difficult and competitive year.

And here are his remarks on Amazon, which is up 44 percent this year. Cramer said that the company has “never really had to come back from the dead” — noting that its only real stumble was during the dot-com collapse. But he noted that Amazon is a lot like the “undead” in that it “just keeps coming” — pointing out that it is as “unstoppable as the zombie apocalypse.”

Analysts said China's developers have been seeking financing resources besides credit lending and bond issuance in the domestic market. They have been stepping up the raising of funds from bond issuance in overseas markets, and more developers are likely to raise funds by selling shares.

Analysts cited the ferocious efforts of international brands to expand their market share in China, the world's largest car market. Especially as Chinese customers had a preference for overseas brands, particularly in light of a slowdown in the market.