No Result
View All Result
  • Login
Thursday, August 6, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Apple CEO praises China partners as Beijing applies pressure

by theadvisertimes.com
5 months ago
in Business
Reading Time: 2 mins read
A A
0
Apple CEO praises China partners as Beijing applies pressure
Share on FacebookShare on TwitterShare on LInkedIn



Apple Inc. Chief Executive Officer Tim Cook commended Chinese developers and the company’s partners in the country, days after the ruling party’s flagship newspaper criticized the iPhone maker for monopolistic policies.

Cook, speaking at the China Development Forum in Beijing on Sunday, praised the innovations of Chinese developers and the automation at the country’s manufacturing facilities. He said Apple and China share common goals, including in green development and carbon neutrality.

Apple lowered the fees it collects from app developers in the country earlier this month, a major concession in a hugely lucrative market where the company faced the risk of antitrust intervention by local regulators. Yet after the announcement, the Communist Party’s People’s Daily newspaper called for a further easing of App Store restrictions and urged the firm to fix “monopolistic” practices — highlighting how Apple may continue to face pressure from Beijing.

“Innovation, green development and education are not separate properties — they are deeply connected,” Cook said. “They represent the vision of progress that we at Apple share, and we are committed to collaborating with our partners across China and with all of you to make that vision a reality.”

An “excellently talented developer community” helps to increase prosperity and opportunity across China, and innovation is transforming its manufacturing sector, Cook said. While the US tech giant builds most of its devices in China, it has diversified its assembly to regions such as Vietnam and India.

“There is a Chinese proverb I love — ‘a single tree does not make a forest,’” Cook said. “Together, I believe we can plant that forest.”

Read More: Apple CEO Visits China Amid Growing Pressure on App Store Policy

Apple has seen its sales growth in China rebound in recent months, helped by demand for the latest iPhone edition and consumers switching from rival devices. Revenue from the country jumped 38% to $25.5 billion in the holiday quarter that ended in December.

Speaking at the same event as Cook, Chinese Premier Li Qiang cited Apple as an example of a company with a highly diversified supply chain.

“If we politicize industrial issues and deliberately weaponize the supply chain, we will only increase costs for various companies and weaken development momentum,” Li said. “China is willing to strengthen communication and cooperation with all parties to jointly maintain the stability and security of the global supply chain.”



Source link

Tags: AppleappliesBeijingCEOChinapartnerspraisesPressure
ShareTweetShare
Previous Post

Pricier vet care: Fewer visits but still many $11,000 surgeries

Next Post

Markets wait for Trump and Iran to follow through on Hormuz threats

Related Posts

The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

by theadvisertimes.com
August 6, 2026
0

With yesterday’s victory in Michigan for Abdul El-Sayed, one of the last pieces has fallen into place in key midterm...

Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

by theadvisertimes.com
August 6, 2026
0

Not only has the number of Israelis emigrating from Israel increased in recent years, but their economic profile has...

GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round

GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round

by theadvisertimes.com
August 6, 2026
0

KKR-backed supply chain solutions provider LEAP India Ltd. completed its Rs 371.3 crore pre-IPO placement on Thursday. In consultation with...

BBSI narrows 2026 outlook to 3%-4% gross billings growth as it targets 2.7%-2.75% gross margin (NASDAQ:BBSI)

BBSI narrows 2026 outlook to 3%-4% gross billings growth as it targets 2.7%-2.75% gross margin (NASDAQ:BBSI)

by theadvisertimes.com
August 6, 2026
0

Earnings Call Insights: Barrett Business Services, Inc. (BBSI) Q2 2026 Management View "We delivered another quarter of top line growth...

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

by theadvisertimes.com
August 5, 2026
0

Asian stocks slipped Thursday after a recent tech-led rally on Wall Street paused. Crude oil edged lower as Iran reached...

SpaceX created a new class of ultrawealthy. Here’s what comes next

SpaceX created a new class of ultrawealthy. Here’s what comes next

by theadvisertimes.com
August 5, 2026
0

At SpaceX’s market debut on June 12, the perfect trade already looked obvious. Shares priced at $135, valuing the company...

Next Post
Markets wait for Trump and Iran to follow through on Hormuz threats

Markets wait for Trump and Iran to follow through on Hormuz threats

Report Recommends China to Shed US Treasuries as Yuan Internationalization Grows

Report Recommends China to Shed US Treasuries as Yuan Internationalization Grows

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

May 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

0
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

0
This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

0
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

0
Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

August 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

August 6, 2026
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

August 6, 2026
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

August 6, 2026
Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

August 6, 2026
Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

August 6, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?
  • 6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’
  • Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.