Apple CEO Tim Cook speaks in Beijing, China, on March 24. Photo: Fu Tian/China News Service/VCG via Getty Images
Apple CEO Tim Cook and other top U.S. executives have been in China this week, Hope writes.
Why it matters: Their visits coincided with the country's annual Development Forum, a conference aimed at "pitching American and other Western corporate executives on the country's prospects," per WSJ.
Context: Foreign investment into China continues to decline.
Beijing's regulatory crackdowns and raids make it difficult for some U.S. companies to see an upside to maintaining a certain presence.
But government officials are now pledging to treat foreign companies differently.