Apple CEO Tim Cook is currently in China for the third time this year, attending a suppliers' conference that coincides with a meeting of foreign CEOs organized by Chinese Premier Li Qiang.

This gathering is taking place as global companies prepare for potential trade disruptions due to President-elect Donald Trump's threats to increase tariffs on Chinese imports.

Apple, which heavily relies on Foxconn for iPhone production, is particularly concerned about these trade tensions as China is its second-largest market.

This meeting underscores the ongoing importance of China in the global supply chain and the strategic relationships that major corporations must navigate amidst changing political landscapes.