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For the first time, Apple's iPhone series topped the charts in China's smartphone market in 2023. This achievement is particularly noteworthy given the escalating tensions between the U.S. and China, which have led to a series of bans on Apple products in the country.
In an attempt to stabilize the plunging stock market, China's securities regulators have reportedly reached out to hedge fund managers, advising them to limit short selling in the stock index futures market.
J.P. Morgan analysts have advised against this approach, emphasizing the importance of customer feedback and future supply chain plans.
Richard Fontaine, in an op-ed, stressed that the U.S. must focus on strengthening its position to effectively counter China's rise.