Trade protectionism is 'serious hazard': China

China's vice premier warned Wednesday that protectionism from "individual countries" poses a "serious hazard" to global growth, in an apparent reference to the US which has imposed tariffs on Chinese goods worth USD 50 billion with more threatened.

"Some individual countries' protectionist and unilateral measures are gravely undermining the rules-based multilateral trading regime, posing a most serious hazard to the world economy," Hu Chunhua said at a regional World Economic Forum in Hanoi.