November 11, 2025 09:01 PM GMT China Auto Parts Growing Beyond Borders – Parts Suppliers Going Global Improving product quality yet deteriorating domestic margins are causing China parts suppliers to seek global opportunities. We prefer suppliers with low but expanding (Xingyu, Desay), sizable and improving (Minth, Keboda) overseas exposure. Downgrade Sanhua and Tuopu on slowing EV parts outlook. Accelerating global expansion: China's auto companies have been exploring offshore opportunities for the past de ...