
Saved by Daan Spangenberg
“Apple has more of an impact on job creation in China than all of China has on America.” Wow https://t.co/TCcAadwvG0
Saved by Daan Spangenberg
The vitriolic commentary directed at Apple following the CCTV episode, coupled with a sharp decline in China sales, underscored that Apple’s gargantuan operations in the country had created the company’s biggest vulnerability: its newfound dependence on a single country, China. For the prior decade this risk had felt remote. China was opening to th
... See moreThink about this: venture-backed companies now spend 44 percent of the entire R&D budget for American public companies.
Apple in China tells a huge untold story—how Apple used China as a base from which to become the world’s most valuable company, and in doing so, bound its future inextricably to a ruthless authoritarian state.