Apple CEO Tim Cook announced during a meeting with Chinese Communist Party officials in Beijing that the company will increase its investments in China.

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	Forwarded this email? Subscribe here for more Apple CEO Cook says company will increase investment in China MacDailyNews Oct 24   READ IN APP   Apple CEO Tim Cook announced during a meeting with Chinese Communist Party officials in Beijing that the company will increase its investments in China. This move is expected to contribute to the development of China’s supply chain, according to state-run Xinhua. Reuters: ‎ Cook met Minister for Industry and Information Technology Jin Zhuanglong on Wednesday, the ministry previously said. “Apple is keen to seize the opportunities presented by China’s opening up and will continue to increase its investment in the country, thus contributing to the high-quality development of the industrial and supply chains,” Cook was quoted as saying by Xinhua. Jin told Cook that he hoped Apple would deepen its presence in China, increase investment in innovation, grow with Chinese companies and share the dividends of high-quality development, the Ministry of Industry and Information Technology said in a statement on Wednesday. ‎ MacDailyNews Take: Apple’s quid pro quo dance with the Chinese Communist Party continues. We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Not a bad start! Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Upgrade to paid You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2024 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe