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The Finance 202: China sends warning to U.S. Businesses with iPhone ban

A Chinese court’s decision to ban the sale of older iPhones raises a nightmarish specter for American companies doing business in the country: They could find themselves exposed in the crossfire as trade tensions escalate between the United States and China.

Officially, Apple was rung up for violating a pair of Qualcomm patents. But China watchers say it’s hard to avoid the conclusion that Beijing targeted Apple to grab back some leverage in its broader confrontation with the Trump administration. [Read more at SFGate]

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