China's Electric Car Market Is Fast Growing

China's EV market is fast growing. We just had Chinese electric car maker Lee Otto reporting better than expected quarterly results earlier in the week. Doug Kriesner, co-host of Bloomberg Daybreak Asia: China has a huge head start 10, 15 years ahead of anyone else in the market to develop. And you look at where the competition is now in globally there's nowhere to be seen in terms of matching up to what China has to offer.