Alice Han

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Welcome to China Decode.

I'm Alice Han.

In today's episode of China Decode, we're discussing how Tim Cook's China visit highlights Apple's reliance on iPhone sales in the mainland, why Trump's Beijing summit delay exposes the broader context of US-China competition in the Iran conflict, and how China's museum boom is reshaping its culture.

Now, that's all coming up, but first, let's do a quick check-in with how the Chinese markets are starting the week.

On Monday, both the Shanghai A share index and the Hang Seng H share index closed down nearly 4% as investors scrambled to adapt to the possibility of tighter monetary policy.

This was the worst day for the Hang Seng since the Liberation Day tariff announcement, no doubt affected by the Iran crisis.

Precious metals company Laopu Gold and Zijin Mining Group fell more than 5% after the price of gold tumbled.

And tech giants Alibaba and Tencent both ended the day in the red.

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