Apple will set up a net investment fund in China of $ 300 million in China



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Apple Inc. announced the creation of a $ 300 million net investment fund in China in collaboration with its 10 suppliers.

This milestone reflects the commitment of the American technological giant of business development in 19459004, despite the tensions between Washington and Beijing,

See also: Apple will review sales contracts of IPhone with Japanese telecom operators by regulator decision

China Clean Energy Fund will receive all resources from Apple and its partners for four years.

The fund will invest in projects that will create a renewable energy capacity in China with a total capacity greater than 1 yuan.

These capabilities will be used to provide electricity to suppliers of participating Apple funds, including iPhone Pegatron Corp. and Wistron Corp.

Apple's efforts to develop its business in its largest foreign markets are particularly significant in the face of the worsening trade dispute between Washington and China.

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