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Apple Watch Targets Chinese Aspirations in $16 Billion Market

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Apple Watch and China’s Appetite for Luxury Goods

Apple Inc. jumped to the top of the Chinese market by adapting the iPhone to local tastes. It’s using the same recipe with the Apple Watch.

The new timepiece is available in gold -- appealing to China’s appetite for luxury. Apple also is showcasing the WeChat messaging service from China’s Tencent Holdings Ltd., an app used by half a billion people.