The US tech giant has been struggling with falling local sales worsened by Washington’s escalating trade tensions with Beijing
US tech giant Apple has announced it will close one of its stores in China for the first time since entering the country more than 15 years ago. The pullback comes as sales in the company’s second-largest market slide, local rivals gain ground, and trade tensions with the US continue to rise.
Apple said on Monday it would shut its Parkland Mall store in the Zhongshan District of the northeastern Chinese city of Dalian on August 9.
“We have made the decision to close our store there,” Apple said in a statement cited by…
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