China sales under pressure Apple boss Tim Cook visits Shanghai

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Apple CEO Tim Cook announced on Weibo that he was visiting Shanghai and shared his experience walking on the Bund in Shanghai with Chinese actor Zheng Kai. No other plans have been revealed.

Apple plans to open a new retail store in the financial center of Shanghai as it copes with declining iPhone sales in China and fierce domestic competition. Cook visited China twice last year, and China is Apple’s third largest market.

(Source: Reuters Image source: Unsplash)

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