Apple chief executive Tim Cook on Saturday urged China to keep opening up its economy as local rivals bit into the profits of the US tech giant caught in the crosshairs of a trade spat between Beijing and Washington. “We have seen China continue to change and evolve… We encourage China to continue to open up,” he said during a speech at the annual China Development Forum in Beijing on Saturday. Apple in January revealed that it took a hit in the “Greater China” region, where revenue plunged almost 27 percent in the most recent quarter.
