China Welcomes Apple's Expanded Investment Amid Trade Talks

During the China Development Forum, China's Commerce Minister Wang Wentao invited Apple CEO Tim Cook to increase investment in China, discussing Apple's business prospects and U.S.-China trade relations. The meeting included considerations of enhancing supply-chain cooperation and supporting foreign enterprises in China. Additionally, Vice Premier He Lifeng met with various foreign CEOs, including Cook, to reassure them of China's economic potential amid geopolitical tensions and a slowing economy. Cook expressed optimism about China's initiatives to boost consumption and highlighted Apple's successful involvement in past expos. The discussions reflect China's efforts to attract foreign investment and strengthen ties with international corporations. Cook's engagement signifies Apple's commitment to contributing to the stability of U.S.-China relations.