Posted 3/25/2024, 5:37:00 PM
Apple and China: A Complex But Vital Relationship
- China unlikely to push Apple out despite restrictions on US firms, as Apple remains vital for jobs and supply chain
- Apple banned iPhones for Chinese government officials last year, showing some friction
- 95% of Apple products are manufactured in China; manufacturing is key advantage for China
- Apple CEO Tim Cook attends China forum, seen as an olive branch amid geopolitical tensions
- Apple opened its second-largest retail store in Shanghai, showing its commitment to growing business in China