There will be at least two halves of declining sales.
They have offsided their resellers. Upsetting the natives in China can get very ugly. Ask James Packer....
I think there will be inventory writedown and/or margins slashed drastically.
They will either cut direct sales fumping or walk away and leave china to resellers. You can undermine the prices of resellers. They should have kept their prices 10 percent higher than their resellers.
Worst thing is Aztec data since April? Were now in Christmas.
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