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Apple CEO Commits to Expanding Investment in China

According to China's Ministry of Industry and Information Technology, Apple’s chief executive has pledged to boost the company’s investment within the country.

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Terms & Concepts
  • Foreign Direct Investment (FDI): Capital investment made by a company or individual from one country into business interests located in another country.
  • Technology Sector: An industry category comprising companies involved in the development and manufacturing of technology products or services.
  • Ministry of Industry and Information Technology (MIIT): China’s government agency responsible for regulating and promoting the nation’s industrial and information technology sectors.