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www.wsj.com...-toggle-SB126470774898235946934045830 29671032141416
BEIJING — Apple Inc.’s Chief Executive Tim Cook defended globalization in a rare public speech in China, as his company faces political pressure in the U.S. to bring back factories.
Mr. Cook said in his hourlong session that globalization “in general is great for the world,” but gains aren’t evenly distributed within countries. While he said this was a problem, he cautioned against countries retreating from globalization as a response.
“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,” said Mr. Cook. “I think the reality is you can see that countries in the world…that isolate themselves, it’s not good for their people.”
U.S. President Donald Trump has made American manufacturing revival a key goal and has called on Apple to bring back iPhone production. That has raised concerns in China, the main manufacturing base for Apple and many other global companies.