No one will emerge winner in a trade war: Xi Jinping at WEF 2017

Says economic globalisation has become a Pandora's Box, but global problems are not caused by it

Chinese President Xi Jinping 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.

Economic globalisation has become a "Pandora's Box" for many, but global problems are not caused by it, he said.

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