NEWS

Tim Cook Says Globalization is 'Great for the World' in China Speech

03/20/2017

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As reported by The Wall Street Journal, Cook delivered commentary on world affairs during an hour-long address on Saturday at the China Development Forum, an annual conference sponsored by the Chinese government. The heads of western corporations sometimes attend the convention to bolster ties with high ranking officials in the Chinese central government, the report said.


Tim Cook Says Globalization is 'Great for the World' in China Speech


During his speech, Cook said globalization "in general is great for the world," but noted socioeconomic gains may not be evenly distributed within or between countries. Despite globalization's shortcomings, countries should not shy away from such development, he said.


"I think the worst thing would be to — because it didn't help everyone — is to say it's bad and do less of that," Cook said. "I think the reality is you can see that countries in the world...that isolate themselves, it's not good for their people."


The subject is a contentious one for Apple, a U.S. company that farms out a bulk of its manufacturing operations to China. President Donald Trump recently called for Apple to bring iPhone production to America, a move that would stimulate the domestic economy. Trump has asked the same of many U.S. multinationals in attempts to repatriate overseas jobs. 


Beyond economics, Cook touched on cybersecurity and user privacy, both highly sensitive subjects in China. Parroting past statements on the matter, Cook said Apple employs end-to-end encryption to protect its customers from nefarious actors. He fell short of taking a stand against Chinese cybersecurity policy that requires companies to furnish authorities with technical assistance in investigations and data gathering operations. 


Cook is in China to bolster relations with the country's central government. Apple's top executive is slated to speak with Xu Lin, director of the Cyberspace Administration of China, in a private meeting on Monday.


Source: appleinsider


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