Apple, brushing off the slippage in its share price, is not letting up on its drive to build up its business in China. CEO Tim Cook is now in the middle of his second visit to the People's Republic in less than 10 months - after almost doubling the number of Apple stores in the world's largest country.
Cook today was today meeting Miao Wei, head of the Chinese Ministry of Industry and Information Technology.
According to a statement on the ministry’s website, they talked about the development of China’s information technology industry, global mobile communications - and Apple’s business in China.
On a visit in March Cook pledged “greater investment” in the world’s largest market for computers and mobile phones. At the time Apple had six stores in China and Hong Kong.
Since then, Apple has almost doubled its number of stores - to 11. It now has three shops each in Beijing, Shanghai and Hong Kong, as well as one each in Chengdu and Shenzhen. It is not known how long Cook will be in China - or if he will visit of any of the plants making Apple products, as he did last time.