The Chinese president, Xi Jinping, warned there would be “no winners” in a trade war and that protectionism “leads nowhere”, as he began a three-nation trip to south-east Asia, starting in Vietnam on Monday. Xi’s tour, which started in Hanoi, also includes rare visits to Malaysia and Cambodia and will seek to strengthen ties with China’s closest neighbours amid a trade war that has sent shock waves through global markets. Writing in an article published in Vietnam’s Nhân Dân newspaper on Monday, Xi urged Vietnam to “resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open
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