China's Xi Says There Are 'No Winners' In Tariff War As He Visits Southeast Asia

Kicking off his diplomatic tour in Vietnam, Xi Jinping said in an editorial, “There are no winners in a trade war, or a tariff war. Our two countries should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.”

His visit to Vietnam, Cambodia and Malaysia, in the light of tariffs imposed by US President Donald Trump, are an attempt to present China as the “responsible” option compared to the US for allies, according to Nguyen Khac Giang, a visiting fellow at Singapore’s ISEAS–Yusof Ishak Institute.

“The trip to Vietnam, Malaysia, and Cambodia is all about how China can really insulate itself against the from Trump,” said Nguyen Khac Giang, as quoted by Associated Press.