• Apple, different China-linked companies underneath strain

    Apple, Cisco and different U.S. corporations with deep ties to China are underneath rising strain to handle Beijing’s “repression of human rights and democracy,” considered one of President Joe Biden’s key allies within the Senate mentioned Thursday on CNBC’s “Squawk Field.”

    The feedback from Sen. Chris Coons, D-Del., got here two days after his chamber handed a bipartisan invoice to spice up U.S. competitiveness with China.

    Coons in contrast the U.S.-China relationship to America “decoupling” from the previous Soviet Union throughout the Chilly Battle.

    Whereas U.S. enterprise ties now are way more strong with China than they had been with