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Apple seized the moment and brilliantly played its hand. Taking advantage of the Publisher Defendants’ fear of and frustration over Amazon’s pricing, as well as the tight window of opportunity created by the impending launch of the iPad on January 27 (the “Launch”), Apple garnered the signatures it needed to introduce the iBookstore at the Launch. It provided the Publisher Defendants with the vision, the format, the timetable, and the coordination that they needed to raise e-book prices. Apple decided to offer the Publisher Defendants the opportunity to move from a wholesale model — where a publisher receives its designated wholesale price for each e-book and the retailer sets the retail price — to an agency model, where a publisher sets the retail price and the retailer sells the e-book as its agent.

As China pursues innovation-driven development, new industries, new products and new business models have flourished.

Apple posted record revenue on Tuesday but faces new challenges in production of the iPhone as China shuts down major cities to contain the potentially deadly coronavirus, the company said.

Artists from China and Belarus staged a concert in Brussels on Thursday to celebrate the friendship between the two countries, drawing an enthusiastic audience that included mostly diplomats and overseas Chinese.

Around 403 villages in Gannan have earned the title Model Village of Ecological Civilization, an honor for accomplishing the objectives of the campaign. The number of such villages will grow to 1,500 by 2020 under a plan by the local government.