Did Apple invest US$275 billion in China? Global Times thinks no

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Apple’s reported US$275 billion investment in China is raising questions in Chinese media regarding the size of the deal after widespread coverage in the US of a report about the tech giant’s lobbying efforts highlighted the precarious balancing act businesses face while of trying to please both Washington and Beijing.Apple is facing fresh scrutiny in the US after The Information reported on Tuesday that CEO Tim Cook personally lobbied Chinese officials, securing a secretive deal involving the…


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