Smartphone maker Xiaomi says China sales already close to full recovery
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SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp said on Tuesday that it was already seeing signs of a strong recovery in sales in China as the country begins to return to normal following the lockdown due to the coronavirus."The (Chinese) market has entered a full recovery stage, and the market has already recovered to 80 to 90% of the normal level," CFO Shou Zi Chew said on an earnings call.He said sales in China fell in the first quarter due to the economic impact of the virus, but..