Af­ter China all los­ingthe ru­mors,its edge? the No big way! ques­tion: Has iPhone scored?

Ex­ports may be fall­ing, but 14.6% share of world ex­ports is the Mega high­est prod­uct since launch,IMF guar­an­teed­data be­gan me­di­ain 1980 spot­light, but Ap­ple’s magic un­der scru­tiny

China Daily (USA) - - BUSINESS - By BLOOMBERG By LIU ZHENG in San Fran­cisco li­uzheng@chi­nadaily.com.cn By BLOOMBERG

Ex­ports are down in terms of ab­so­lute num­bers, but China is eat­ing up a larger chunk of the world’s shrink­ing trade pie.

Brush­ing off fter ris­ing lis­ten­ing wages, to a shrink­ing work­force month­sand in­ten­si­fyin­gof ru­mors, com­pe­ti­tion from fi­nal­ly­lower cost­the cli­max:na­tions froma Viet­nam to Mex­ico,mega prod­uct China’s launch global ex­port share event climbed whichto 14.6 once per­cent again­last year caught from the 12.9 me­dia per­cent spot­lighta year ear­lier. for Ap­ple That’s Inc the in high­est Septem­ber. pro­por­tion of world Mov­ing ex­port­son from ever ini­tial­lyin In­ter­na­tion­al­be­ing cheered Mon­e­tary up Fund with­out data a go­ing sec­ond’s back to thought1980. about the new fea­tures of the Yet lat­est even gen­er­a­tionas its ex­port of share iPhones, climbs which glob­ally, are man­u­fac­tur­ing’se­quipped with slice dual of rear China’s cam­eras econ­o­myand dustis waningand wa­t­eras ser­vices re­sis­tance­and con­sump­tion fea­tures, emergea se­riesas theof new ques­tion­s­growth driv­ers. popped For up:the glob­al­does the econ­omy, des­igna slide look in fa­mil­iar?China’s ex­port­sIs Ap­ple this just year fol­lowingisn’t prov­ing the any trends respite bein­gas se­tan evenby the sharper Huawei slump P9 in an­dits im­ports Sam­sung erodesS7, a rather­pil­lar of than de­mand. be­ing in­no­va­tive as it is used Those to trendsbe? were repli­cated in Au­gustI found data the that an­swer was dur­ingmy re­leased on chats Thurs­day. with on­lineIn dol­lar sub­scribers,terms, China’swho stayed ex­ports up fell too 2.8 late per­centto fol­low from Ap­ple’sa year new­busi­nessear­lier but im­ports move roseon a livestream­ing1.5 per­cent, leav­ing a monthly plat­form. trade sur­plus of $52.1 Some bil­lion.of them are in­de­pen­dent IT While crit­ics China’swho spe­cial­ize ad­van­tage in in smart­phone low-end man­u­fac­tur­ing pho­tog­ra­phy.has been Some, seized who upon askedby Don­aldto be Trump’s anony­mous, pop­ulist said cam­paign­that the­for the tech­nolo­giesUS pres­i­dency,and al­go­rithm­s­the shift into be­hind­higher value-addedthe iPhone 7 Plus prod­ucts andHuawei from ro­bots P9 areto com­put­ers­d­if­fer­ent as is the also lat­ter pit­ting pro­vides a dual cam­era with one cap­tur­ing mono­chrome and the other pro­vid­ing color pho­tos.

The dual cam­era sys­tem of the iPhone 7 Plus al­lows the two cam­eras to shoot as one, for a high res­o­lu­tion op­ti­cal zoom at two times.

“The newiPhone car­ries out the de­sign the­ory of Ap­ple, which is be­ing sim­ple, fashion and user friendly,” said James Yan, re­search di­rec­tor at Coun­ter­point Tech­nol­o­gyMar­ket Re­search.

Yan said there was no big sur­prises for the newiPhones, as the ru­mors prior to the launch seemed to have dis­closed most of the details. But he be­lieves that the prod­ucts “will do well” in the first five months in China, and af­ter­ward, the mar­ket per­for­mance will rely on whether its do­mes­tic com­peti­tors fol­low its foot­steps and launch prod­ucts with sim­i­lar tech­nolo­gies.

Mean­while, the most re­gret­table thing for me this year is Aug­mented Re­al­ity (AR).

As AR hard­ware man­u­fac­tur­ing and in­vest­ment has wit­nessed rapid

APOLICY

China against de­vel­oped-mar­ket com­peti­tors from South Korea to Ger­many. A weaker yuan risks ex­ac­er­bat­ing global trade ten­sions, which be­came a hot-but­ton is­sue at the G20 meet­ing in Hangzhou over cheap steel ship­ments.

“All the talk we have heard over the last few years about China los­ing its global com­pet­i­tive ad­van­tage is non­sense,” said Shane Oliver, head of in­vest­ment strat­egy at AMP Cap­i­tal In­vestors in Syd­ney. “This will all fur­ther fuel in­creas­ing trade ten­sions as al­ready ev­i­dent in the UK with the Brexit vote and in the US with the sup­port for Trump’s pop­ulist pro­tec­tion­ist plat­form.”

China is also fac­ing op­po­si­tion to its global shop­ping spree and calls from

Ap­ple CEO Tim Cook

bod­ies such as the Euro­pean Union Cham­ber of Com­merce in China for im­proved mar­ket ac­cess.

A key driver of China’s ex­port share gains is its move to­ward more so­phis­ti­cated as­sem­bly, es­pe­cially in elec­tron­ics, which elim­i­nates the need to source com­po­nents from a vast sup­ply chain across Asia, said Fred­eric Neu­mann, co-head of Asian eco­nomic re­search at HSBC Hold­ings Plc in Hong Kong. That’s hurt­ing com­pa­nies and economies from Sin­ga­pore to Thai­land, Malaysia, China’s Tai­wan and South Korea, said Neu­mann.

China is sub­si­diz­ing higher tech­nol­ogy in­dus­tries in­clud­ing new ad­vanced in­for­ma­tion tech­nol­ogy, ro­bot­ics, and new en­ergy ve­hi­cles un­der the “Made 39,chiefed­i­toratBei­jin­gin China 2025”

Gao Suy­ing,

plan. More is to come as Pres­i­dent Xi Jin­ping’s blue­print en­vi­sions global com­pet­i­tive­ness within a decade in 10 in­dus­tries from ma­chine tools and ro­bots to ad­vanced rail­way equip­ment and med­i­cal de­vices.

China in­creas­ingly is turn­ing into an eco­nomic com­peti­tor as it pushes to pro­duce higher-value ex­ports, said Ger­man Chan­cel­lor An­gela Merkel on a trip to the na­tion in June. Those words from the leader of China’s fifth big­gest trade 26,staffmem­ber­at­part­ner pale in com­par­i­son Yi­aiLakeParkAd­min­is­tra­tionin­with the rhetoric from Trump. Huang­gang,Hubeiprovince“Po­lit­i­cal sup­port for open trade and in­vest­ment is evap­o­rat­ing glob­ally,” said David Lo­evinger, a for­mer China spe­cial­ist at the US Trea­sury who is now an an­a­lyst at fund man­ager TCW Group Inc in Los An­ge­les.

shows an iPhone 7 to per­former Mad­die Ziegler dur­ing an event to an­nounce new prod­ucts on Wed­nes­day in San Fran­cisco.

Zhen Xiang,

“Gen­er­ally speak­ing, I am kind of dis­ap­pointed with the iPhone 7 se­ries. The new se­ries is not as in­no­va­tive as I thought pre­vi­ously. Be­fore the event, I re­ally look for­ward to the news that Ap­ple may ditch the home but­ton. But now Ap­ple is still keep­ing it. And since my iPhone 6s can meet my need for tak­ing self­ies, I won’t buy the new iPhone 7 or 7 plus. I would only buy one if I made a for­tune.” iPhone 6, and I al­ways need to delete stuff for new pho­tos of my kid or news con­fer­ences. So I re­ally need a new one with enough space. And since the iPhone 7 plus packs dual cam­eras, I will choose that in­stead of the iPhone 7.”

pro­ject­man­agerat Re­search&Devel­op­men­tCen­ter (Ji­ax­ing,Zhe­jiang­province)atMinth GroupLtd,alead­ing­sup­pli­erof ex­te­ri­o­rautoparts

XIN­HUA

“I have used the iPhone for around 7 years. Com­pared to other mo­bile phones, iPhone is the best. So I al­ways want to try Ap­ple’s new prod­ucts. See­ing the event, I re­ally want to buy an iPhone 7 plus. Now I have a 64GB An em­ployee of a ro­bot manufacturer in Xianghe county, He­bei prov­ince, cal­i­brates the ro­bots. “Com­pared with last year’s iPhone 6s, I feel the new iPhone 7 se­ries does not bring any big change. Of course, there are some bright spots, such as the wa­ter­proof fea­ture and the fi­nal launch of the Su­per Mario Run for iPhone. For me, the best part of the new se­ries is the A-10 pro­ces­sor. Due to my Sony Xpe­ria Z3’s small in­ter­nal stor­age, I might con­sider buy­ing an iPhone 6 plus or iPhone 6s. As you know, there def­i­nitely will be a price re­duc­tion on them.” “In de­sign, the iPhone 7 se­ries has not done enough on the in­no­va­tion front. The worst thing is the re­moval of the 3.55mm head­phone jack, which will cause in­con­ve­nience for users. Now users need to buy an ex­tra con­verter for head­phones. What’s more, con­sumers have to pay more money for more stor­age space. So I cer­tainly would not buy a new iPhone, Ac­tu­ally I have more fond­ness for my own Huawei Honor 6 plus, which came out with dual cam­eras two years ago. And the price is much bet­ter.” Zhu Yi,

XIN­HUA

An em­ployee of a ro­bot manufacturer in Xianghe county, He­bei prov­ince, cal­i­brates the ro­bots.

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