China's President Xi Jinping addresses a Business Forum during the 10th BRICS (acronym for the grouping of the world's leading emerging economies, namely Brazil, Russia, India, China and South Africa) summit on July 25, 2018 at the Sandton Convention Centre in Johannesburg, South Africa. PHOTO | AFP
China's President Xi Jinping Wednesday opened BRICS summit of emerging economies in South Africa's main city, Johannesburg, with a warning that the world is facing a choice between cooperation or confrontation.
In a speech aimed largely at the Trump administration in the US, President Xi said there could be no winner in any trade war.