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Asia -- the myth of trade war 'winners'

US-China dispute may divert some business but gains won't match overall losses

| China

People are often tempted to profit from others' misery, so it is no surprise that some countries are pondering whether they will benefit from the U.S.-China trade war.

Indeed, the assumption that this conflict will produce "winners" as well as losers is alarmingly popular in Asia, especially among China's export competitors. But this does not make it right. The idea is not just wrong but dangerous, because it may well make it harder for smaller Asian economies to band together and push Washington and Beijing to de-escalate.

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