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Thursday, June 13, 2024

Apple and other U.S. companies are under pressure to answer for China’s ‘repression,’ key Biden ally says

  • Apple, Cisco and other U.S. companies with deep ties to China are under increasing pressure to address Beijing's conduct, Biden ally Sen. Chris Coons told CNBC.
  • Coons compared the U.S.-China relationship to America "decoupling" from the former Soviet Union during the Cold War, saying there is "some gradual distancing" taking place between the two economic superpowers.
  • Asked what companies should be telling China right now, Coons replied: "Stop stealing our intellectual property."

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