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Apple CEO Meets China Commerce Chief to Talk Supply Chain

  • The US company relies on China for about 20% of overall sales
  • Apple’s most important products are still made mostly in China
Bloomberg business news
Apple CEO Cook Stresses Ties With China

Apple Inc. Chief Executive Officer Tim Cook met China’s Minister of Commerce Wang Wentao on Monday, underscoring the importance of the relationship between the leading US consumer tech company and its key partner despite heightened tensions between Washington and Beijing.

“Both sides exchanged views about Apple’s development in China and stabilizing the industry supply chain,” according to a statement from Wang’s ministry on the meeting between the two. Wang also told the Apple CEO that China will continue to open up and provide good services to foreign firms including Apple.