“The eye-catching success achieved in the Chinese market may provoke nationalist sentiment if U.S. President Donald Trump’s recently adopted protectionist measures hit Chinese companies hard,” the People’s Daily said.
“China is by far the most important overseas market for the U.S.-based Apple, leaving it exposed if Chinese people make it a target of anger and nationalist sentiment. China doesn’t want to close its doors to Apple despite the trade conflict, but if the U.S. company wants to earn good money in China, its needs to share its development dividends with the Chinese people.”
It’s unclear how the publication thinks Apple should share its profits with Chinese citizens.
^ All from article.
We must pay close attention to the ways in which international companies operate between China and USA as a thermometer for their conflict. How do they share their profits (and those indirect benefits these cause on society) as ordained by the law and regulation? How have these things changed over the last few years?
What would be the social impact from an increase in the price of the next iPhone if China exercises their power over Apple? It would have a very strong demoralizing effect in the USA electorate and would doubtlessly lead to more conflict, both internally and in response to China.
What is the extent to which China can work their influence on Apple? If Apple has a backdoor to their users’ devices, it is vulnerable to forceful takeover by Chinese authorities.