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Tim Cook Pledges More Investment in China in Beijing Meeting, Ministry Says

Beijing signaled a welcoming business climate for Apple to reinforce market access.

Overview

  • China’s industry ministry said on Oct. 15 that Tim Cook committed to increase Apple’s investment and deepen cooperation in the country during a meeting in Beijing.
  • The ministry did not specify the scale or timing of the planned spending, and Apple has not released detailed figures.
  • Minister Li Lecheng encouraged Apple to continue exploring the Chinese market and said China would maintain a favorable environment for foreign companies.
  • After regulators cleared eSIM support on Oct. 13, Apple said the iPhone Air would be available for pre-orders in China.
  • Cook’s visit comes as Apple diversifies production to India and Vietnam, weighs U.S. tariff threats, and still relies on Chinese partners such as Foxconn and Luxshare for most iPhone assembly.