We've seen Chinese aspirational companies try and fail, eg: LeEco (Faraday Future, etc).

But Apple made it a company focus to court Chinese market. So they can't back down now. For some reason I've never really liked the Chinese government. They always come across as a benevolent dictator, they'll let you do business as long as you toe the line. Any inkling of freespeech or such ideas and you're out.