Apple’s base iPhone 17 model has also benefited from government subsidy policies for cheaper phones in China. Consumers receive subsidies of up to Rmb500 ($72) on smartphones priced below Rmb6,000 as part of Beijing’s drive to stimulate the economy.

By Jessie Pang and James Pomfret HONG KONG, Feb 9 (Reuters) - Hong Kong's High Court on Monday sentenced media tycoon and China critic Jimmy Lai to 20 years in jail for two counts of conspiracy to collude with foreign forces under the city's national security law,