Apple’s Cook Vows to Boost Chinese Investment During Visit

Tim Cook, center, with Kasing Lung, left, and Wang Ning, founder of Pop Mart.Source: Pop Mart

Apple Inc. Chief Executive Officer Tim Cook pledged to boost investment in China during a visit to the world’s second largest economy, despite threats from US President Donald Trump to slap tariffs on its foreign-made products.

Cook met Chinese Minister of Industry and Information Technology Li Lecheng on Wednesday, the agency said in a post on its official WeChat account. Li urged Apple to work closely with local suppliers, while Cook said Apple will boost cooperation with China. The country is Apple’s biggest market outside the US and remains a key manufacturing hub for the Cupertino, California-based company.