As many of you know, the most expensive version of Apple’s smartwatch, the Apple Watch Edition, has a starting price tag of $10,000 (in the United States). That number is just about equal to the purchasing-power parity level of the average Chinese citizen, and is four-times the level in other emerging markets in Asia, like Vietnam.In China, the growth of the economy has provided dramatic growth in wages for many, and it has also made those that run some of the larger companies titans of industry on a global scale.
One of those companies is the world’s biggest private property developer, ...
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