At the start of the 21st century, China had one of the cheapest workforces in the world, attracting numerous companies to establish manufacturing operations there. Today, it has become the world’s second-largest economy, just behind the US, growing so much that it has triggered a tariff and trade war between the two countries.
Among the companies that established manufacturing operations in China in the early 2000s was Apple. However, unlike others, Apple didn’t just build factories — it helped turn China into a global tech powerhouse. Watch the video to see how this partnership reshaped the global tech landscape.
As China grew stronger in manufacturing and technology, it became less dependent on foreign companies. Meanwhile, companies like Apple faced rising costs and geopolitical tensions as they tried to move parts of their supply chains to other countries.
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