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"But opinion polls will not likely fall by more than 10 percentage points because there is no other candidate for prime minister."

"CATL will be a major supplier, securing capacity for the next generations of our EQ products in the years to come," he said.

"China has a huge growth market," Poole said. "Brexit is looming upon us and China has a growing economy - it's a world leader in some areas. What tech firm Alibaba did was just phenomenal."

"Buyers are basically paying for a power battery, as the battery in an electric car is so expensive that it makes up about half of the production cost," he said in an earlier interview.

"China is heavily engaged in handling financial deleveraging reform, which includes the reducing of corporate debt, especially for the State-owned ones with overcapacity," said Iris Pang, an economist with banking group ING.