China shuns Tesla, Apple as US tensions rise

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Wang Chunru, a member of China’s top political advisory body, the Chinese People’s Political Consultative Conference, said he was using a Huawei device. “We all know Apple has eavesdropping capabilities,” he said. Delegate Li Yanfeng from Guangxi said her phone was manufactured by Huawei. “I trust domestic brands, using them was a uniform request.” Stocks slide Outside of the US, China is both Apple and Tesla’s single-largest market, respectively contributing 19 per cent and 22 per cent of total revenues during their most recent fiscal years. Their mounting challenges in the country have caught Wall Street’s attention, contributing to Apple’s...