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Apple is welcome to expand investment in China, commerce minister tells CEO

Stock Focus Report March 24, 2025
2025-03-24T152436Z_1_LYNXNPEL2N0RL_RTROPTP_4_APPLE-FRANCE

BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand investment in the country, a ministry statement showed.

Wang Wentao, the minister, and Cook exchanged views on topics such as Apple’s business development in China and China-U.S. economic and trade relations, according to the statement.

Foreign CEOs were attending the China Development Forum in Beijing on Sunday and Monday, with some expected to meet President Xi Jinping on Friday, sources have told Reuters.

(Reporting by Beijing Newsroom; Editing by Jan Harvey)

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