Home Breadcrumb caret Industry News Breadcrumb caret Industry Breadcrumb caret Practice Breadcrumb caret Technology China’s pressure on Apple politically motivated: FT Apple’s groveling apology to China over supposed problems with warranty and customer service, reported yesterday in the Financial Times, is being read by some analysts as a bare-knuckled move by the Communist Party to show powerful Western companies who’s boss. By Staff | April 3, 2013 | Last updated on April 3, 2013 1 min read Apple’s groveling apology to China over supposed problems with warranty and customer service, reported yesterday in the Financial Times, is being read by some analysts as a bare-knuckled move by the Communist Party to show Western companies who’s boss. “Apple is in a very sensitive position because it has such a powerful appeal to Chinese consumers and that makes the Chinese government nervous,” Duncan Clark, chairman of BDA, told The Financial Times. “Any momentum in society that isn’t directed by the Communist party or is difficult for it to control is unnerving.” Clark adds that “[t]he symbolism of Apple is very powerful and it could be that this attack is being used as a message to all western companies that they must pay tribute to the government and co-operate.” Read more here. Also read: “Arrogant” Apple apologizes to China Apple shareholders want more of the pie Apple no longer world’s most valuable company Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo