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Apple is said to have secured access to China with promises of billions Market Research Telecast

December 8, 2021
Source: marketresearchtelecast.com marketresearchtelecast.com
News Snapshot:
A comprehensive agreement with China’s leadership allegedly secured Apple access to the huge market. Apple CEO Tim Cook personally negotiated a five-year deal with Chinese authorities and politicians in 2016 and announced investments of around 275 billion US dollars over this period. In return, the group received exemptions and was largely spared from regulation, such as The information reported on Tuesday with reference to informed people and internal documents. Billions in investments promised In a “Memorandum of Understanding” Cook promised massive investments and business deals. Apple has pledged to help local suppliers develop the most advanced production techniques, source more...
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