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Xi Jinping says there’s ‘no winner’ in any trade war at opening of BRICS summit in South Africa

2018-07-26 09:57:33       source:South China Morning Post

July 26, 2018


Chinese President Xi Jinping on Wednesday said that there would be “no winner” in any global trade war, in a direct warning to US President Donald Trump who has threatened to slap levies on all Chinese imports.


“A trade war should be rejected because there will be no winner,” Xi said at the opening of a BRICS summit of emerging economies in Johannesburg.


“Unilateralism and protectionism are mounting, dealing a severe blow to multilateralism and the multilateral trading regime,” he said, without mentioning the United States by name.


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https://www.scmp.com/news/china/economy/article/2156879/xi-jinping-says-no-winner-any-trade-war