iPhone prices are slashed again in China -- does it mean people are going to buy them?

Chinese netizen: "I can get three Xiaomis for that price"

The iPhone XS Max with 512 GB of storage costs a whopping US$1950 in China. (Picture: REUTERS/Edgar Su)
Price tags for iPhones in China are being trimmed for the second time this year… and it’s only March. The cuts are coming after complaints from Chinese consumers that the prices of iPhones are getting “more and more presumptuous” -- but it looks like they're still not cheap enough for some.  
Several ecommerce stores have started price promotions, with the biggest discount coming from JD: The price of the iPhone XS Max with 256GB of storage dropped US$253 compared with Apple's official website. Its rival, Alibaba-owned Tmall, quickly announced on Tuesday that it plans to cut the prices of iPhone XS and iPhone XS Max by up to US$298 compared to Apple’s website.
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