Tag: Beijing

BusinessInternational Business and Trade

Apple’s Tim Cook Pledges Increased China Investment Amid US-China Trade Tensions

Apple CEO Tim Cook has pledged to increase investment in China during meetings with Chinese officials in Beijing. The commitment comes as Apple balances manufacturing diversification with maintaining access to China’s massive consumer market amid ongoing US-China trade tensions.

Apple CEO Reaffirms China Commitment Amid Trade War

Apple CEO Tim Cook has reportedly made significant investment pledges to Chinese officials during his second visit to China this year, according to reports from the Ministry of Industry and Information Technology. The commitment comes as Apple Inc. navigates complex trade relations between Washington and Beijing.

by Alvarez Jordan
Economy and TradingInternational Business and Trade

China Prioritizes High-Tech Manufacturing Over Consumption in New Five-Year Plan Amid US Rivalry

China’s Communist Party is mapping a five-year vision prioritizing high-tech manufacturing over consumption stimulus despite domestic economic imbalances. Analysts suggest the intensifying rivalry with the United States is driving Beijing’s continued focus on industrial production capabilities rather than addressing deflationary pressures and weak household demand.

China’s Manufacturing Focus Continues Amid US Tensions

The Chinese Communist Party is meeting this month to map a five-year vision that prioritizes high-tech manufacturing in its quest to upgrade industries and project global power as rivalry with the United States intensifies, according to reports from analysts. The meeting, known as a plenum, will produce a policy document for parliamentary approval in March that reportedly emphasizes support for technological research and industrial development.

by Alvarez Jordan