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Home – China News – Big Business Bows Down in Beijing

Big Business Bows Down in Beijing

Among the $308.37 billion in goods that the United States imported from China in 2025, the No. 1 category was described by the Census Bureau as “cell phones and other household goods.” Americans last year purchased $39,246,893,116 worth of these items manufactured in that communist regime.

Not surprisingly, Tim Cook, the chief executive officer of Apple, is one of the corporate executives who joined President Donald Trump on his latest trip to China. As The New York Times reported last June, “an estimated 80 percent of iPhones are still made in China. Apple’s business is still so dependent on China that the tech giant can’t operate without it.”

Boeing CEO Kelly Ortberg also joined Trump on his trip to China. “China is considering a deal for about 500 of the 737 Max jets,” Bloomberg reported.

Another top executive who joined Trump on his trip to China is Dina Powell McCormick, the president of Meta, which owns Facebook and Instagram. “China on Monday blocked U.S. tech giant Meta’s acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing’s concerns about the transfer of advanced technology,” The Associated Press reported on April 27.

Yet another CEO on the China trip with Trump is Mastercard’s Michael Miebach. “Mastercard today announced a collaboration between Mastercard Move, its money movement platform, and Bank of Shanghai (BoS) to enable seamless, bi-directional payment flows between China and global markets,” said a press release Mastercard published on March 12.

“‘With this collaboration, we’re extending our multi-rail........

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