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As Chinese e-commerce giants make forays into property sales online, established realty firms should upgrade their digitalization efforts to secure their position, experts said.
Apple’s revenue in China was .17 billion, a drop of nearly billion from a year ago, when Apple reported .96 billion.
Apple Inc reported a drop in revenue in China for its fiscal second quarter ended April 1, the fifth consecutive quarter of decline in the region, caused by ever-growing competition from local rivals.
Around the same time last year, consumer stocks rose and sustained their momentum for a while. Kweichow Moutai and Midea shares soared to record highs. This year, the story could be no different, analysts said.
As China rebalances its economy to a consumption basis, the future of bilateral trade and investment will increasingly shift toward services -- namely education, tourism, healthcare and professional services.
来源：资阳报