Nissan faces survival crisis, seeks new capital partner

Nissan suffered a major blow due to the decline in sales in the Chinese market, and its profits fell sharply by 85% in the second quarter of this year in Japan. In order to cope with this predicament, Nissan is looking for new capital partners, such as banks or insurance groups, to replace part of Renault's equity. At the same time, Nissan is also considering the possibility of letting Honda buy part of its shares.