On Monday, China’s Commerce Minister Wang Wentao assured Apple CEO Tim Cook that the company is encouraged to increase its investment in the country, per a ministry statement. During their meeting, Wang and Cook discussed Apple’s growth in China, along with broader China-U.S. economic and trade dynamics, the statement noted.
Reuters:
Foreign CEOs were attending the China Development Forum in Beijing on Sunday and Monday, with some expected to meet President Xi Jinping on Friday, sources have told Reuters.
MacDailyNews Take: Duh.
Anyone who thinks Apple won’t get significant, meaningful U.S. import tariff exemptions hasn’t been paying attention. Profit from the panic of the uninformed and misinformed. – MacDailyNews, March 19, 2025
Expect specific exemptions from U.S. import tariffs for important Apple products. – MacDailyNews, February 2, 2025
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Only idiots invest in China.
China is a giant market honey pot and IP pump and dump. They lure in idiots with the prospects of a giant market. Steal their IP and knowhow. Make a state backed competitor. Then lock you out of their market.
Tim Cook is an idiot. He needs to be diversifying production into Germany, the US, South America
Germany is lost and it hardly helps it’s part of the EU. America was once the World’s leader of invention & manufacturing, until we learned it was easier to be the World’s consumption monster (dumb/cheap stuff from China) and that debt could be repaid by printing $$.
To return to that productive status would take decades. We still like draping our faces over the hors d’oeuvre plate for little expenditure and rage at the thought of cutting out the sugar.
Evidence seen clearly in the hot “burning” issue of the current day. Nutcassery.