https://techcrunch.com/2019/04/02/iphones-get-a-price-drop-in-china/

Apple this week lowered the price on a number key hardware lines in China, including AirPods, Macs, iPads and, most notably, the iPhone. The move, noted by CNBC, is believed to be the direct results of a three-percent tax cut that took effect in the country yesterday.

In many cases, however, the impacted product have dropped by even more, including a 500 yuan ($74) price cut to the iPhone XS, marking a nearly six-percent drop for the company’s latest flagship.