Apple CEO Tim Cook pledges increased investment in China in meeting with MIIT

Apple CEO Tim Cook on Wednesday committed the US tech company to increased investment in China, even as trade tensions intensify between the world's two largest economies. Cook made the pledge in a meeting with Li Lecheng, who heads the Ministry of Industry and Information Technology (MIIT), in Beijing after the US executive spent two days in Shanghai during his second visit to China this year. The two sides "exchanged views on the development of Apple's business in China and strengthening cooperation in ...