Tim Cook’s Love for China Helps Xi Fight Fears of Economic Slump

  • Executives flock to Beijing at start of a forum-filled week
  • China’s premier offers little new on policy steps amid angst
Tim Cook at the China Development Forum in Beijing on March 24.Photographer: Pedro Pardo/AFP/Getty Images
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China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic endorsements from chief executives of top global companies.

Days after he opened an expansive new retail store in Shanghai and pledged a fresh investment in applied research in the country, Apple Inc. Chief Executive Tim Cook on Sunday gushed, “I love it here, I love the Chinese people.”