Apple CEO Tim Cook Meets With China's Commerce Minister on Supply Chain
Apple CEO Tim Cook met with a top China commerce official, Wang Wentao, to discuss China's reopening and broader supply chain issues. Cook also reportedly expressed interest in investing more in the country.
Apple CEO Tim Cook met Wang Wentao (China's minister for commerce) to discuss China's reopening process and wider supply chain issues.
Cook was also in China for the China Development Forum.
Apple has asked suppliers to stop relying on China as a source of their production needs.
According to a Ministry of Commerce statement, CEO Tim Cook met Wang Wentao (China's minister of Commerce) on Monday to discuss industrial supply chain stabilization.
"The two sides exchanged opinions on issues such Apple's development and stabilization of the industrial- and supply chain chains," read the statement by China's Ministry of Commerce.
Apple declined to comment about Cook's activities in China. Cook was among a few top American executives who attended the weekend's China Development Forum.
After months of Covid restrictions and lockdowns in China, Cook and Wang meet. Images and videos of workers
Escape from lockdown
Late last year, social media went viral about restrictions at Foxconn’s major iPhone plant.
Officials of the Communist Party have done it
It is a priority to reassure corporate executives and allay their fears about China's production and reliability.
The statement by Wang's ministry stated that China will promote high-level open-up and promote standards, management and other institutional opening-up.
Apple is said to have worked hard to arrange the meeting.
Some production comes from China
Foxconn, a major supplier, is scheduled to be.
Open a huge
factory presence in Bengaluru, India.
This report was contributed by Eunice Yoon and Hilary Pan of CNBC.