straitstimes.com

hark, to technology in China to subsidise smartphone purchases in bid to lift spending
@hark@lemmy.world avatar

If it works like subsidies over here, companies will just jack up prices to eat up the full subsidy.

flamingo_pinyata, to technology in China to subsidise smartphone purchases in bid to lift spending

Ah, the myth of infinite growth again. I guess the majority of Chinese people have a smartphone by now, why would they constantly buy new ones

qyron,

The government says, they do.

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