Tim Cook Meets China’s Vice Premier as Apple Doubles Down on Its Biggest Overseas Market — Beijing Calls for ‘Stable’ US Ties
10/12/2026
Impact: 75
Technology
Apple Inc. Executive Chairman Tim Cook met with China's Vice Premier He Lifeng to discuss business cooperation and economic relations, emphasizing Apple's confidence in its long-term prospects in China. The Vice Premier highlighted the importance of stable U.S.-China ties for multinational companies and welcomed deeper cooperation with technology firms like Apple. Recent reports indicate that Apple is pursuing a China-specific AI strategy in collaboration with Alibaba and has seen a 12% year-over-year growth in iPhone 18 Pro sales, achieving a 33% smartphone market share in China.
AI summary, not financial advice
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