The more things change…

Print edition : January 24, 2014

A production line at the Foxconn complex in Shenzhen in China. According to one analysis, in 2009 iPhones contributed about $2 billion, equivalent to 0.8 per cent of the Sino-U.S. bilateral trade deficit. Although they were manufactured exclusively by Foxconn, all that China got out of a $600 iPhone was $6.50, or 1 per cent of the value. Photo: Kin Cheung/AP

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