BREAKING: China Just Used Apple As Bait!!

Submitted by MAGA Student

Posted 13 days ago

China’s state run media is now threatening Apple in a claim that it needs to share more of its profit with the people or face “nationalist sentiment” amidst the growing trade war.

As reported by cnbc.com
Apple has benefited from cheap labor and a strong supply chain in China and needs to share more of its profit with the Chinese people or face "anger and nationalist sentiment" amid the ongoing trade war, an article in the state-backed People's Daily warned Tuesday.
The opinion piece highlights how Apple made $9.6 billion in revenues in China in the June quarter, which helped the U.S. giant to recently hit a $1 trillion valuation.

But the continuing trade war between the U.S. and China could leave Apple and other U.S. firms vulnerable as "bargaining chips" for Beijing, according to the article.

"The eye-catching success achieved in the Chinese market may provoke nationalist sentiment if U.S. President Donald Trump's recently adopted protectionist measures hit Chinese companies hard," the People's Daily said.
"China is by far the most important overseas market for the U.S.-based Apple, leaving it exposed if Chinese people make it a target of anger and nationalist sentiment. China doesn't want to close its doors to Apple despite the trade conflict, but if the U.S. company wants to earn good money in China, its needs to share its development dividends with the Chinese people."


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Anonymous 088063 13 days ago (report)

shut it down and rename to "Lemon"

fucked up product anyway... useless without apples other products... sucks

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Granny 13 days ago (report)

Hey let them stay there and lose money. China is getting desperate. If Apple is a good American company and already made a trillion bucks, they can dump China or they can risk angering the real Americans who buy their products and we will dump them. Chose is theirs.

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Anonymous ee1fa4 13 days ago (report)

That's what happens when you give up to communist!

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