No one will emerge a winner in a trade war, says Chinese President Xi
DAVOS, Switzerland: Chinese President Xi warned countries on Tuesday against returning to protectionist trade policies+ , saying there would be no winners in a trade war+ .
Likening protectionism to “locking oneself in a dark room”+ to protect from danger but also depriving the room of “light and air”, he told countries not to pursue their own interests at the expense of others.
“No one will emerge as a winner in a trade war,” Xi told the World Economic Forum in Davos, Switzerland.
China will not devalue its yuan, also known as the renminbi, or start a trade war, President Xi Jinping said.
China did a great mistake by distancing itself from Friendly and peaceful India and getting closer to The VILLAINS of the world TERRORISTAN PAK .
After devaluing its own currency at least four times this year, the says we wont do it again.
China started wetting in its pants
If we Indians have self respect,we must boycott Chinese products.
china needs to be taught a lesson. simple.
The sayings of Confucius is being misinterpreted by Chinese. Chinese have taken themselves to task of being all wise and knowledgeable.
He meant to say – Everyone except China will emerge a winner in a trade war.
China is feeling the heat..And facing global isolation….Good
CHINA IS A FUTURE THREAT TO WORLD, BY ECONOMY AND MILITARY BOTH