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China No winners in trade war, Xi warns during Vietnam trip

The Guardian

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April 15, 2025

The Chinese president, Xi Jinping, warned there would be "no winners" in a trade war and that protectionism "leads nowhere", as he began a three-nation trip to south-east Asia, starting in Vietnam yesterday.

- Rebecca Ratcliffe

China No winners in trade war, Xi warns during Vietnam trip

Xi's tour, which started in Hanoi, will also include visits to Malaysia and Cambodia and will seek to strengthen ties with China's closest neighbours amid a trade war sending shock waves through global markets.

Writing in an article published in Vietnam's Nhân Dân newspaper yesterday, Xi urged Vietnam to "resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment", Xinhua news agency said. He added that a "trade war and tariff war will produce no winner, and protectionism will lead nowhere".

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