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[$$] Apple Sets $300 Million Clean Energy Fund for China Amid Trade Tensions

Inc. said it would launch a $300 million clean-energy fund for China with 10 of its suppliers, extending the U.S. tech giant’s commitment to China at a time of mounting trade tension between its home country and its most important overseas market. The China Clean Energy Fund, which Apple said it and its partners will fund over four years, will invest in and develop-clean energy projects totaling more than 1 gigawatt of renewable energy in the country. Apple has gone on a charm offensive in China in recent years as it has looked to shore up its relationship with the Chinese government and consumers.