In just two days, Apple has lost a staggering $200 billion due to a 3% stock decline, triggered by China’s intentions to limit the use of iPhones in the public sector. Against this backdrop, economic fluctuations in China only add fuel to the fire. Additionally, growing inflation concerns in the US are heightening interest in treasury bonds. This wave of changes threatens other tech industry giants actively engaged with China. Nevertheless, many experts believe that the overall hype around Chinese restrictions might be overblown.
