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Apple Watch Tests China’s Luxury Market

China is one of nine countries Apple has picked for the release of its new Apple Watch next month, and there is high anticipation over how the device will sell in a market that already comprises one-fifth of the company’s total sales. The Shanghai-based China Market Research Group estimates that the Apple Watch will be a big success with China’s brand-conscious consumers. “Apple Watch may add another dimension of people's view of luxury item,” John Fang, business analyst with CMRG...

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