Apple CEO Tim Cook has been making similar promises on both sides of the Pacific. In meetings with officials in Beijing this week, Cook vowed to boost Apple’s investment in China, long the company’s most important market after the United States.
Weeks earlier, Cook had met with President Trump and promised to invest an additional $100 billion in the US, saying he would bring more of Apple’s supply chain and advanced manufacturing to the country. The electronics giant is one of many companies facing a delicate balancing act as the world’s two largest economies ramp up their contest for control over global tech supply chains.
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China welcomed Apple’s deepening cooperation and increased investment, the commerce minister, Wang Wentao, told Cook on Thursday, according to state media.
On Tuesday, Apple also announced a new donation to expand environmental education at Tsinghua University in Beijing. It didn’t disclose the amount.
Cook also met with video game designers and visited the set of a music video shot on the iPhone 17 Pro. And he picked up one of the world’s most coveted accessories: a custom Labubu doll, made to look like the Apple chief himself, during a meeting with Kasing Lung, the designer of the Chinese toymaker Pop Mart’s popular dolls.