Around the Net

China Eyes Apple As 'Bargaining Chip' In Trade War

  • CNBC, Tuesday, August 7, 2018 2:22 PM
The Chinese government is threatening to use Apple as a bargaining chip in its trade war with the Trump administration, CNBC writes, citing a state-backed news publisher. “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,” CNBC writes. “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.”

Read the whole story at CNBC »

Next story loading loading..