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But Tim Cook, CEO of Apple, told a virtual conference in September: "I can't wait for everybody to be able to come back into the office. I don't believe that we'll return to the way we were because we've found that there are some things that actually work really well virtually."

But few are willing to risk a golden opportunity in the world's fifth-biggest car market, where owning a four-wheeler is a status symbol.

But at Apple's size - 5.6 billion in sales for fiscal 2018 - the revenue matters less than the effect on keeping Apple customers tied to its brand, said Ben Bajarin, an analyst at Creative Strategies.

But Hong said although such fund-of-funds pension products are popular in mature markets like the United States, China should also carry out supportive policies that are now lacking, such as preferential tax treatment.

But far worse impacts will hit without urgent action to cut fossil fuel emissions, including an eventual sea level rise of about 4 meters in the worst case, an outcome that would redraw the map of the world and harm billions of people.