Apple’s Tim Cook says Chinese stimulus is workin
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A strong Chinese economy is good for the rest of the world? IOM-yes
Key points:
Apple CEO Tim Cook said improved trade dialogue between the U.S. and China as well as stimulus measures from Beijing were improving consumer confidence in the country “in a positive way.”
The comments add to a growing list of CEOs, policymakers and investors expressing more optimism on the outlook for the Chinese economy.
The Chinese government has initiated a series of fiscal and monetary stimulus measures this year to boost the economy.
https://www.cnbc.com/2019/05/01/apple-ceo-tim...rking.html