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The CPC will never do anything to materially harm Apple because their only real concern is their continued rule of China. Assembly of Apple products employs hun
by Despegar 8y ago
The CPC will never do anything to materially harm Apple because their only real concern is their continued rule of China. Assembly of Apple products employs hundreds of thousands of workers and having that many people unemployed and angry is a threat to their regime. Not to mention the immediate capital flight that would occur, irreparably damaging FDI in China. This political juice Apple has is the same reason why iMessage and FaceTime aren't blocked in China, despite being end-to-end encrypted.
Apple is assembling in India for the same reason they assemble in Brazil, to satisfy protectionist policies.
- ohiovr 8y agoAn iPhone not bought is a Huawei phone that is. As for iMessage and all that Apple has an agreement to host special China iCloud services. Without American soybeans China just mandates less protein in feed. As if biological machinery doesn’t care about politics. And of course there will be capital flight, no question. Can’t do business with a country you are in territorial squabbles with or an all out war. IBM not withstanding of course..
- Despegar 8y ago>An iPhone not bought is a Huawei phone that is People outside of China aren't going to buy Huawei phones, partly because Huawei is being banned from western nations as we speak. Android phones are not really substitutes for iPhones, customers demand iPhones specifically so that doesn't really make sense. >As for iMessage and all that Apple has an agreement to host special China iCloud services. China mandates data localization for Chinese user data, that doesn't change anything about iMessage and FaceTime's end-to-end encryption. >Without American soybeans China just mandates less protein in feed. As if biological machinery doesn’t care about politics. When China stops buying soybeans from the US, it hurts American farmers. They are substituting them with soybeans from Brazil. But harming Apple isn't just harming American interests, it also harms their own. That's why Apple is pretty safe from any retaliation.
- ohiovr 8y agoDivorce gets real vindictive real fast