Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”
In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.
Vanity Fair Issie Lapowsky
Related Coverage
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Discussion
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@brad_setser
Brad Setser
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Apple has had an enormous impact on the Bay Area, and on the US stock market. But it may have had a bigger impact on the economies of two foreign countries: Ireland (pioneering the “green jersey") and China. Excellent stuff from @PatrickMcGee_ https://www.thetimes.com/...
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@thehonestlypod
@thehonestlypod
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Author @PatrickMcGee_ on Apple's unprecedented—and dangerous—investment in China: “If you have been training our biggest adversary with cutting edge electronics over the last 25 years, you're actually arming their military means by the same token. The national security [video]
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@restofworld
@restofworld
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“Apple's influence on China exceeds that of the Marshall Plan's impact on Europe after World War II.” — @PatrickMcGee_, speaking with @violazhouyi about his new book “Apple in China.” Read the full interview: https://restofworld.org/...
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@jchengwsj
Jonathan Cheng
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.@PatrickMcGee_: “Apple's influence on China exceeds that of the Marshall Plan's impact on Europe after World War II. Apple acknowledges that it's trained 28 million workers in China since 2008...greater than the labor force of California.” @violazhouyi https://restofworld.org/..…
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@thehonestlypod
@thehonestlypod
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Author @PatrickMcGee_: “The [Tim] Cook Plan was about ingratiating Apple with Communist leadership. So in a certain sense... it actually helped to establish the Communist Party rather than ward off that threat.” https://www.thefp.com/... [video]
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@thehonestlypod
@thehonestlypod
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“China was a dragon wearing a three-piece suit.” @PatrickMcGee_ on how China fooled the world into believing that foreign dollars would democratize their authoritarian, communist regime. [video]
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@electricfelix
@electricfelix
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.@issielapowsky: “You write about the sheer size of the investment that Apple ultimately made in China—$55B every year for 5 years, adding up to $275B You compare that to what Congress allocated in the CHIPS & Science Act: $52B That's $3B shy of what #Apple was spending every [im…
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@patrickmcgee_
Patrick McGee
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I realize this is supposed to be a sick burn, but it's wildly helpful. True - Apple's public financial filings don't lead you in this direction. It would be corporate suicide if they did. The notes are *almost* right: $55bn was about 22% of Apple's 2015 revenue. 90% of Apple
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@thehonestlypod
@thehonestlypod
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Author @PatrickMcGee_: The West “sleepwalked” into making China a global powerhouse. Corporations like Apple “were setting up the world's most sophisticated supply chain—and made the rookie and calamitous mistake of putting all their eggs in one basket. And that basket [video]
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@joshdcaplan
Josh Caplan
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.@PatrickMcGee_ to @bariweiss: “In 1999, zero products from Apple are being made in China.” “By 2009, virtually all of them are.” “That transition is a geopolitical event like the fall of the Berlin Wall.” [video]
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@thehonestlypod
@thehonestlypod
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“Our understanding is one of Apple exploiting Chinese workers,” says @PatrickMcGee_. “But I flipped that on its head: Beijing is allowing Apple to exploit Chinese workers so that Beijing can in turn exploit Apple.” “Beijing understands that if they lure in foreign capital, they […
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@yahoofinance
@yahoofinance
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“What's moving to India is assembly, so if you think there are 1000 steps in making an iPhone, the final step will be done in India for phones that are going to the US,” Financial Times San Francisco correspondent @PatrickMcGee_ says on $AAPL. [video]
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@patrickmcgee_
Patrick McGee
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“If next year you buy an iPhone and it says “Made in India” on the box, that phone will not be any less dependent on the China-centric supply chain than any other iPhone you have ever purchased.” Q&A with @restofworld @violazhouyi https://restofworld.org/...
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@thehonestlypod
@thehonestlypod
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Author @PatrickMcGee_: China's singular manufacturing capabilities—in price, cost, quantity, and scale—has only been possible because @Apple made unprecedented investments in building them. “Apple is investing in China at twice the annual spend of the Marshall Plan.” [video]
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@patrickmcgee_
Patrick McGee
on x
Apple responds to the book - despite not having time to read it. Name the place, @apple . Happy to debate anytime. [Screenshot: “In a statement to Vanity Fair, Apple said that the book is “untrue” and “full of inaccuracies,” and that Apple didn't fact- check the book. Apple d…
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@patrickmcgee_
Patrick McGee
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Review of ‘Apple in China’: [image]
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@patrickmcgee_
Patrick McGee
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“Apple in China is astonishing. Let's hope for Apple's sake that Donald Trump doesn't read this book.” — @TheTelegraph__ (chief complaint isn't that I'm unfair to @apple but I that give them “too easy a ride") https://www.telegraph.co.uk/ ...
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@patrickmcgee_
Patrick McGee
on x
“The US-China tech battle is the most consequential thing happening—geopolitically— for hegemony in the 21st century. And my book offers the disquieting message that America's greatest company is playing for the other side.” On the @hughhewitt show, one night before APPLE IN CH…