Apple has cut iPhone prices in China and the reason is this company banned in the US

Apple has cut iPhone prices in China by up to one-third as the tech giant struggles to maintain its position in the world’s largest smartphone market. According to Reuters, discounts of up to 2,530 yuan ($351) are now available on major Chinese e-commerce platforms for the latest iPhone 16 models.

The iPhone 16 Pro with 128GB storage is now selling for 5,469 yuan on JD.com, a significant reduction from Apple’s official price of 7,999 yuan. Similar discounts are available on Alibaba’s Tmall marketplace, where the same model costs 5,499 yuan after applying coupons that include government subsidies.