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China Fears Job Losses as Tim Cook Talks Manufacturing in India

Apple’s plans for India could result in the loss of tens of thousands of jobs in China.

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World
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  • As Apple CEO Tim Cook spoke of plans to expand manufacturing operations in India, China apprehends that it could lead to a possible exodus of the Apple production chain and loss of tens of thousands of jobs, Chinese state-run media said.
It is natural that Apple would want to move its manufacturing base from China to another Asian nation to lower production costs. In fact, before Cook’s words, some major Apple suppliers such as Foxconn had already announced plans to expand their business in India.
The Global Times report
  • Apple’s decision could affect the jobs of tens of thousands of Chinese workers. However, a see-saw battle between China and India over the technology giant is not the only solution, it said.

  • China may need to promote the development of more local manufacturers and encourage them to move to less-developed central and western regions where labour costs are lower, it said.

(With agency inputs)

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Topics:  Apple   Tim Cook   manufacturing 

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