Chinese tech sector falls after Tim Cook says China is slowing

Chinese tech sector falls after Tim Cook says China is slowing

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/03/apple-ceo-tim-cook-said-china-is-slowing-chinese-tech-sector-response.html

Apple CEO Tim Cook told CNBC on Wednesday that he believed the ongoing trade tensions between the U.S. and China "put additional pressure" on Asia's largest economy.

Hours after the publication of those comments, China's overall tech sector fell slightly and shares of some Apple suppliers dove during Thursday's mid-morning Asian trading.