BEIJING – In an 11-second clip on Weibo on March 24, Apple chief executive Tim Cook declared his love for China – just two days after pledging to increase his company’s investment in the country.
Mr Cook’s commitment to the world’s second-largest economy is what the Chinese government hopes to see from other business titans. Business leaders are also slated to meet with President Xi Jinping on March 27, according to reports.given the country’s fragile recovery after Covid-19 restrictions were lifted in late 2022.
He was referring to how China broke with a 30-year tradition when it abruptly cancelled the Premier’s press conference that is typically held after the annual Two Sessions parliamentary sessions. Two days later, officials held a session at the summit that provided an official interpretation of the regulations and declaration standards. This would help companies to better understand the exemptions and the information that the authorities would need to assess under potential cross-border data security breaches.