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		</div><p>China has warned that no one will emerge a winner in a global trade war.<br />
Chinese President Xi Jinping has defended globalisation at the World Economic Forum in Davos, Switzerland.</p>
<p>He admits it must be more inclusive and sustainable, but warns globalisation cannot be blamed for the world&#8217;s problems.</p>
<p>&#8220;It is true that economic globalisation created new problems but this is no justification to write off economic globalization altogether,&#8221; he said.</p>
<p>&#8220;Rather we should adapt to and guide economic globalization, cushion its negative impacts and deliver its benefits for all countries.&#8221;</p>
<p>As well as world leaders meeting in the Swiss resort today, singer Shakira was there to accept a humanitarian award.</p>
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