Foreign delegates to the annual China Development Forum have agreed that a trade war would benefit no one, and that it would be harmful to both countries and the world economy more broadly.
At the Economic Summit of the 2018 China Development Forum, the trade disputes between the United States and China were a major talking point.
The summit comes as U.S. President Donald Trump signed a memorandum that could impose up to 60 billion US dollars in tariffs on goods imported from China.
Michael Spence is a professor at New York University, and the recipient of the 2001 Nobel Prize in Economics. He warns that a full blown trade war between China and t
