Apple starts selling refurbished goods in China

Apple began selling refurbished products in China on Tuesday, offering discounts of up to 22 percent for consumers willing to get second-hand goods. The products on Apple's Chinese website ranged from 308 yuan for a shuffle to 14,000 yuan for an iMac. Ah, the magical circle of product life: Good gets made in China, sold in the U.S., broken in the U.S. and sold back to China. Source: Reuters