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China could slam door on Apple, says top global risk expert
Apple may find itself eventually shut out of China, a leading expert on global political risk to corporations said Monday.
“It's very possible,” Ian Bremmer, founder and president of the Eurasia Group, told CNBC's “Squawk Box,” a day before the tech giant was scheduled to release quarterly earnings.
“I'd be very surprised in five years' time if we see Apple having the kind of access to the Chinese consumer that they presently enjoy,” he said.
Bremmer said he could foresee a scenario with Apple having “the kind of issues Facebook presently has in China.” Facebook is banned there.
“I think people misunderstand the nature of the Chinese tech involvement,” Bremmer said, citing the closures in China earlier this month of Apple's iBooks Store and iTunes Movies, just about six months after they were launched …. http://www.cnbc.com
Source: http://luismmx.blogspot.com/2016/04/china-could-slam-door-on-apple-says-top.html
