BEIJING, Oct 15 (Reuters) - Apple ( AAPL ) will boost
investment in China and further step up cooperation there, Chief
Executive Tim Cook told the industry minister during a meeting
on Wednesday in the capital, Beijing, the ministry said in a
summary of their remarks.
The comments come as the iPhone maker looks to sidestep U.S.
tariffs on shipments from countries including its production
hubs, China and India, by boosting already hefty investment in
the United States to $600 billion over the next four years.
China hopes Apple ( AAPL ) will continue to explore the Chinese
market, Li Lecheng, who is also in charge of infotech, told
Cook, adding that China would continue to foster a good business
environment for foreign firms, including Apple ( AAPL ).
The summary gave no details of the size of the projected
investment. Apple ( AAPL ) did not immediately respond to a Reuters
request for comment.
Cook, who is in China this week, visited Apple's ( AAPL ) store in
Shanghai and met Chinese game developers and the designer of the
popular Labubu dolls, he said in posts on China's X-like Weibo.
On Monday he said the iPhone Air would be available for
pre-order in China after the ministry cleared the way for major
telecom operators to support its eSIM functionality.
When Cook visited China in March, Apple ( AAPL ) unveiled plans for a
new clean energy fund there worth 720 million yuan ($101
million).
($1=7.1258 Chinese yuan renminbi)