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In China, billions in hidden tax breaks and perks support the production of Apple's signature product

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Thu, 29 Dec 16 9:27 PM | 52 view(s)
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In China, billions in hidden tax breaks and perks support the production of Apple's signature product
Thursday, December 29, 2016 9:36 AM EST

Government officers, in sharply pressed uniforms, race around a maze of wooden pallets piled high with boxes — counting, weighing, scanning and approving shipments.

Unmarked trucks stretch for more than a mile awaiting the next load headed for Beijing, New York, London and dozens of other destinations.

The state-of-the-art facility was built several years ago to serve a single global exporter: Apple, now the world’s most valuable company and one of China’s largest retailers.

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