Chinese state media: Apple could be used as 'bargaining chip' in trade war

11:22 AM ET Tue, 7 Aug 2018

Apple has benefited from cheap labor and strong supply chain in China which has helped it boost profit and get to a $1 trillion valuation, according to the state-backed People's Daily. The U.S. firm should share that money with Chinese citizens, the article urged, or Apple could become the target of "anger and nationalist sentiment" amid the ongoing trade war.