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Apple Inc chief Tim Cook calls for more global trade with China

Apple said it will set up two new R&D centres in Shanghai and Suzhou in China

Reuters  |  Beijing 

Apple Inc chief Tim Cook calls for more global trade with China

Apple Chief Executive expressed support for and said should continue to open its to foreign firms, while speaking at a forum in Beijing on Saturday.

"I think it's important that continues to open itself and widens the door if you will," said Cook, speaking at the government-sponsored Forum.

Cook's comments come amid rising tensions between the US and China, with protectionist rhetoric from U.S. President Donald Trump sparking concern of increased trade friction between the two countries.

"The reality is countries that are closed, that isolate themselves, it's not good for their people," said Cook, in a rare public speech.

Apple said on Friday it will set up two new and centres in Shanghai and Suzhou in

It has pledged to invest more than 3.5 billion yuan ($508 million) in and in

Apple has been singled out in Chinese media as a potential target for retaliation in the event of a trade war.

The Global Times warned last November if Trump triggered a trade war with China, Beijing would then target firms from Boeing to Apple in a "tit-for-tat" approach.

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Apple Inc chief Tim Cook calls for more global trade with China

Apple said it will set up two new R&D centres in Shanghai and Suzhou in China

Apple said it will set up two new R&D centres in Shanghai and Suzhou in China

Apple Chief Executive expressed support for and said should continue to open its to foreign firms, while speaking at a forum in Beijing on Saturday.

"I think it's important that continues to open itself and widens the door if you will," said Cook, speaking at the government-sponsored Forum.

Cook's comments come amid rising tensions between the US and China, with protectionist rhetoric from U.S. President Donald Trump sparking concern of increased trade friction between the two countries.

"The reality is countries that are closed, that isolate themselves, it's not good for their people," said Cook, in a rare public speech.

Apple said on Friday it will set up two new and centres in Shanghai and Suzhou in

It has pledged to invest more than 3.5 billion yuan ($508 million) in and in

Apple has been singled out in Chinese media as a potential target for retaliation in the event of a trade war.

The Global Times warned last November if Trump triggered a trade war with China, Beijing would then target firms from Boeing to Apple in a "tit-for-tat" approach.

image
Business Standard
177 22

Apple Inc chief Tim Cook calls for more global trade with China

Apple said it will set up two new R&D centres in Shanghai and Suzhou in China

Apple Chief Executive expressed support for and said should continue to open its to foreign firms, while speaking at a forum in Beijing on Saturday.

"I think it's important that continues to open itself and widens the door if you will," said Cook, speaking at the government-sponsored Forum.

Cook's comments come amid rising tensions between the US and China, with protectionist rhetoric from U.S. President Donald Trump sparking concern of increased trade friction between the two countries.

"The reality is countries that are closed, that isolate themselves, it's not good for their people," said Cook, in a rare public speech.

Apple said on Friday it will set up two new and centres in Shanghai and Suzhou in

It has pledged to invest more than 3.5 billion yuan ($508 million) in and in

Apple has been singled out in Chinese media as a potential target for retaliation in the event of a trade war.

The Global Times warned last November if Trump triggered a trade war with China, Beijing would then target firms from Boeing to Apple in a "tit-for-tat" approach.

image
Business Standard
177 22