Apple's COO Jeff Williams met with Chinese Officials who urged Apple to aggressively participate in China’s modernization process
A new report this morning states that "Apple Inc. Chief Operating Officer (COO) Jeff Williams and Micron Technology Inc. President Sanjay Mehrotra made a low-profile trip to Beijing to meet with senior Chinese officials as the US is again mulling stricter tech curbs against China.
The executives on Monday joined a US business delegation meeting Vice-Premier He Lifeng and Foreign Minister Wang Yi. He urged American firms to “participate aggressively in China’s further reform and modernization process,” according to state-owned media."
China's position seems to support what Presidential hopeful Donald Trump’s new running mate JD Vance recently stated during the RNC: “Together we will protect the wages of American workers and stop the Chinese Communist Party from building their middle class on the backs of American citizens.”
The Bloomberg report further noted that "In a separate meeting, Wang talked about the outcomes of the ruling Chinese Communist Party’s Third Plenum, a key meeting that set the country’s economic course, and expressed a desire for members of the US-China Business Council in Beijing to help drive “a correct understanding” of China in the US. Williams and Mehrotra are directors of the group.
The gathering comes as Washington leads an international campaign tightening trade restrictions to prevent advanced technology making its way into China. US companies have had to tread a careful path, as they face pressure to decouple from China, which still provides an indispensable production base and a key market for their products.
Apple relies on the country for about a fifth of its sales. For more on this, read the full Bloomberg report.