China’s Xi: No one wins from ‘cold war, hot war, trade war’

Chinese President Xi Jinping makes his keynote speech for the CEO Summit of the Asia-Pacific Economic Cooperation (APEC) summit in Port Moresby on November 17, 2018. (Photo by PETER PARKS / AFP)

PORT MORESBY, Papua New Guinea (AFP) — Chinese President Xi Jinping said Saturday that no one wins from military, political or trade confrontation, amid fears that rivalry between Beijing and the US could escalate.

“History has shown that confrontation — whether in form of cold war, hot war or trade war — will produce no winners,” Xi told a business conference ahead of an APEC summit expected to be dominated by a tussle for influence between the world’s top two economies.

© Agence France-Presse