Jan 17th, 2017

Foxconn Said to Ease China's Worries Over U.S. Plans

Terry Gou is said to have moved to reassure Beijing that Foxconn remains committed to China even as it expands its U.S. operations. Sources say that a high-ranking Chinese official recently expressed concern to the iPhone maker's chairman about his American plans. Bloomberg's Peter Elstrom reports on "Bloomberg Markets." (Source: Bloomberg)