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And many have subsequently become interested in reading more Chinese literature.

Analysts said the campaign is more geared toward gaining a larger share in the thriving mobile payment landscape in China and beyond borders, where competition is intensifying between Alipay and WeChat Pay, a rival service from Tencent Holdings Ltd.

Andrew Yang greets the crowd at his campaign rally in Seattle on Friday evening, wearing his “MATH” hat, which stands for Make America Think Harder. At left is Seattle entrepreneur Dan Price, the Gravity Payments CEO who instituted a ,000 minimum salary at his company, and introduced Yang at the event. (GeekWire Photo / Todd Bishop)

Analysts say moves will help offset headwinds, spur long-term growth

Analysts said China is even more important to Daimler as it is transitioning under the new boss toward its strategies including electrification and vehicle sharing.