Tim Cook 'signed $275 BILLION deal with Chinese authorities in 2016'

Tim Cook 'signed $275 BILLION deal with Chinese authorities in 2016'
Tim Cook 'signed $275 BILLION deal with Chinese authorities in 2016'
Tim Cook signed a ‘secret $275billion deal with China in 2016 promising to help develop their economy in return for quashing regulatory actions against Apple’

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Apple CEO Tim Cook personally met with Chinese government officials in 2016 and forged a secret $275billion deal with Beijing allowing the iPhone maker to freely do business on the mainland in exchange for helping it develop its technology sector.

Cook visited China in 2016 after government regulators began to pass a series of measures that hampered the tech giant's activities in the country, according to The Information.

Apple executives were alarmed at the Chinese government's threats against features such as Apple Pay, iCloud, and the App Store, prompting Cook to hold a series of secret meetings with Beijing officials.

Cook and Communist Party officials came to a 'memorandum of understanding,' according to the report.

Apple agreed to a series of concessions in

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