Beijing smartphone vendor 8848phone, a company owned by Beijing Ereneben Information Technology, sells some of its limited-edition phones for 19,999 yuan. Photo: Handout

Just how much would you spend on a luxury smartphone?

China’s Gionee Communication Equipment recently unveiled an Android smartphone selling for a jaw-dropping 16,999 yuan

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Beijing smartphone vendor 8848phone, a company owned by Beijing Ereneben Information Technology, sells some of its limited-edition phones for 19,999 yuan. Photo: Handout
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