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Wednesday, January 09, 2019, 17:26
Cook: World economy needs strong US, China performance
By Xinhua
Wednesday, January 09, 2019, 17:26 By Xinhua

In this Oct 24, 2018 photo, Tim Cook, CEO of Apple Inc, talks at the Debating Ethics event at the European Parliament in Brussels. (ARIS OIKONOMOU / AFP)

SAN FRANCISCO — Apple CEO Tim Cook said Tuesday that strong economic performances by China and the US are needed for the world economy to be strong and that he is optimistic about a solution to the ongoing US-China trade dispute.

Cook noted that a trade agreement between the United States and China "clearly will be good not only for us" but "more about the world in general"

It is in "the best interests" of both the United States and China to reach an agreement over their trade dispute, Cook said in an interview with US news outlet CNBC.

READ MORE: China will keep driving the world economy

"It is a very complex trade agreement and it needs to be updated ... I'm very optimistic that this will happen," he said.

He noted that a trade agreement between the United States and China "clearly will be good not only for us" but "more about the world in general."

A spokesperson for the Chinese Ministry of Commerce told a press briefing in Beijing on Jan 4 that a US working group, led by Deputy US Trade Representative Jeffrey Gerrish, would visit China on Jan 7-8 for talks on the implementation of the important consensus reached by Chinese President Xi Jinping and his US counterpart, Donald Trump, in Argentina in December.

ALSO READ: Xi, Trump agree to ease trade tensions, maintain close contacts

China-US trade relations have been adversely affected after the Trump administration announced high tariffs on Chinese exports to the United States worth hundreds of billions of US dollars in 2018.


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