Move part of China’s efforts to encourage consumption to offset effects of any new US tariffs. Read more at straitstimes.com.
  • flamingo_pinyataEnglish
    19·
    3 days ago

    Ah, the myth of infinite growth again. I guess the majority of Chinese people have a smartphone by now, why would they constantly buy new ones

    • qyronEnglish
      8·
      3 days ago

      The government says, they do.

  • hark@lemmy.worldEnglish
    8·
    2 days ago

    If it works like subsidies over here, companies will just jack up prices to eat up the full subsidy.

  • CosmoNova@lemmy.worldEnglish
    62·
    2 days ago

    They want to push Apple out of their domestic market is what they’re trying to do. Because an iPhone is still a status symbol compared to Huawei or any phone really.