Apple CEO calls for more global trade with China



Apple Chief Executive Tim Cook expressed support for globalisation and said China should continue to open its economy to foreign firms, while speaking at a forum in Beijing.
“I think it’s important that China continues to open itself and widens the door if you will,” said Cook, speaking at the government-sponsored China Development Forum. Cook’s comments come amid rising tensions between the US and China, with protectionist rhetoric from US President Donald Trump sparking concern of increased trade friction between the two countries.
“The reality is countries that are closed, that isolate themselves, it’s not good for their people,” he said in a rare public speech. Apple said on Friday it will set up two new research and development centres in Shanghai and Suzhou in China.—Reuters