HANOI: China warned on Wednesday that protectionism threatens global growth and cautioned “individual countries” against isolationism, in a veiled reference to the deepening trade spat between Washington and Beijing that is being closely watched across Asia. But without directly naming Trump or the US, Vice Premier Hu Chunhua warned against countries going it alone and upending the globalized trading system. “Some individual countries’ protectionist and unilateral measures are gravely undermining the rules-basedmultilateral trading regime, posing a most serious hazard to the world economy,” Hu said at the World Economic Forum (WEF) in Hanoi. “ASEAN countries don’t want to count their chickens before they hatch,” Fred Burke, managing partner at Baker McKenzie in Vietnam, told AFP. Suu Kyi is under intense global scrutiny over the Rohingya crisis and is scheduled to speak at the forum Thursday.
Source: Manila Times September 12, 2018 16:30 UTC