Only a few countries subscribe to the concept of protectionism, while most prefer cooperation — whether it's in trade, tech or security, Peking University's Jia Qingguo said on Saturday.
But Jia said: "I don't think reasonable and ... going to serve our interest."
"A lot of people in Washington are ... trying to demonize China and develop policies on that basis. I think the world should get over that," Jia told the conference.If the U.S.-China dispute drags on, the world could become more divided as blocs form, experts said at the conference. Menon said, however, one solution would be "coalitions of the willing" that come forth to deal with such issues.
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