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As China is about to become the world's largest consumer market this year, the US government's executive order against WeChat may result in US companies leaving China, said a former vice-minister of commerce.
Apple’s revenue in China was .17 billion, a drop of nearly billion from a year ago, when Apple reported .96 billion.
As China is in a prolonged transformation of its interest rate regime, the likelihood of the PBOC cutting the benchmark lending and deposit rates is quite small, but it may lower some quasi policy rates, such as the reverse repo rate, the medium-term lending facility rate and the standing lending facility rate if the Fed cuts rates, said Lu.
As Jobs put it, “It’s a little?like a spaceship?landed.”
Apple registered shrinking sales revenue in China across all of its leading products, iPhones, Macs, and iPads, along with reduced footfall in its stores.
来源：资阳报