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flag Chinese e-commerce giants offer big discounts on Apple's iPhone 16 ahead of "618" sales push.

flag Chinese e-commerce sites like JD.com and Alibaba's Tmall are offering up to 2,530 yuan ($351) off Apple's latest iPhone 16 models to boost sales before the "618" shopping festival. flag This discount strategy targets cost-conscious buyers in a slowing economy. flag Apple's smartphone shipments in China fell by 9% in the first quarter, while local competitors Xiaomi and Huawei saw significant gains.

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