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Chinese and foreign shoppers walk past an Apple store in Beijing, China

Chinese and foreign shoppers walk past of one of Apple's flagship stores in Beijing on April 7, 2019. Apple has cut prices for several of its most important products on its official Chinese online store by nearly 6 percent, a direct response to a tax change in China which lowered the value-added tax for luxury manufacturers like Apple, according to Caixin. Photo by Stephen Shaver/UPI..

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