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Apple is an American company, but its iPhones are assembled in China. The sale of each iPhone then is counted in China's GDP as:
Short-term Credit Agreements
Agreements between a borrower and a lender for loans that are typically due within one year or less.
Discount Loans
Loans on which the interest and financing charges are deducted from the amount before the borrower receives it.
Interest
The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal amount.
Principal
This term refers to the original sum of money borrowed in a loan or the initial amount of investment before earnings or losses.
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