So back to the original investigation that we talked about with General Mondo and Joe Biden, does that overlap with one that we saw yesterday in executive order that was also about data security?

Yeah. I mean, what I'm learning and actually I'm learning this in the context of AI companies as well guys, is that the Commerce Department and other government agencies are very closely aligned on the topic. Again, I just repeat that this is a cybersecurity and data security issue for the time being in the car context or EV context. And it's not billed as a competition or economic problem. This administration is increasingly thinking about this and we're in an election cycle where look at Bloomberg's reporting out of Washington DC and the relationship with China for both sides of the aisle on both eventual candidates is going to be at front and center in this election. So what's analogous is yes, it's cybersecurity. But in this case, remember that the car is a computer on wheels. That's what I'd ask your audience to take away. And what we're hearing from officials is that's the concern.

So a Chinese price war, although I note that Lee Otto has served something like 67% in the last month with some new designs and such. Thanks very much for joining us out of time now. Ed Ludlow Bloomberg technology show host with us live here on Bloomberg Daybreak Asia. This is Bloomberg. Factoring activity in Asia slumped in February factories wrestling with weak demand in China and supply chain disruptions in major shipping routes factories across North Asia cutting output and new orders last month. Joining us now is David Chu Bloomberg China economist to take a look at how China may be at the heart of this. How much is China in a sense, David, spreading out some of its weakness to other countries?