Tim Cook has praised Apple’s symbiotic relationship with China despite rising trade and geopolitical tensions between Beijing and the US, and the iPhone maker’s own moves to diversify from the country, reports the Financial Times. In his first visit to China since the pandemic began in 2020, the Apple chief said the company would this year celebrate its 30th anniversary in the country that makes the vast bulk of its iPhones.
“We could not be more excited,” Cook said at the China Development Forum in Beijing, the country’s version of Davos, which Beijing is holding offline for the first time since the pandemic began. “Apple and China . . . grew together and so this has been a symbiotic kind of relationship.”
Cook is one of several American business chiefs in Beijing for what has been billed as an opening-up party after three years of a strict zero-COVID policy. In a sign of how positively the US technology company continues to be viewed in what is also one of its biggest markets, Cook’s trip was covered by China’s state media while customers in the group’s flagship store in Beijing broke into applause when he visited the shop on Friday.
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