Chinese Vice Premier Ding Xuexiang warned of “no winners” in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday. Addressing the 55th annual World Economic Forum (WEF) meeting in Davos,

Vice-premier expected to address concerns about Chinese economy and share foreign policy priorities at World Economic Forum in Switzerland.

Although he stopped short of directly addressing Trump's vow to impose hefty tariffs against China, Vice Premier Ding warned that a trade war has no winners.

China emphasizes an open economic approach, aiming to import high-quality products, reduce trade surplus, and invite foreign investment. Ding Xuexiang stresses multilateralism as essential for global peace and development during the World Economic Forum amid US tariff concerns.

China's vice-premier warned that the development of artificial intelligence could pose a major risk if it is not carefully managed, amid a rivalry with the US that has seen the emerging technology take centre stage.

China’s Vice President has announced plans for the country to increase its imports of goods, ahead of the potential tariff hikes mentioned by Donald Trump on his first day in the White House. Speaking at the World Economic Forum in Davos,

Chinese Vice Premier Ding Xuexiang also a member of the Standing Committee of the Political Bureau of the Communist P

Chinese Vice Premier Ding Xuexiang also a member of the Standing Committee of the Political Bureau of the Communist P

China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,

A top Chinese official has warned against protectionism, speaking out as Donald Trump's return to the White House renews the threat of a trade war. Addressing the World Economic Forum in Davos, Switzerland, Ding Xuexiang, Vice Premier of China, said his country was looking for a "win-win" solution to trade tensions and wanted to expand its imports.

Donald Trump escalated his trade rhetoric on Tuesday, promising tariffs against the European Union and Chinese imports.