Out of this current world trade war between China and US, they say it will be the world that will be the loser!

I do not see how this can be possible

https://www.scmp.com/week-asia/opinion/article/2154160/trumps-trade-war-china-phoney-or-real-world-will-be-loser?

Take the EU. It is internally a very powerful industrial and economic entity that is self-sufficient unto itself.

How China and US cut and slash at each other, the economy of the EU can continue to unfold by its innate industrial and agriculture power base.

The other economic group of note is ASEAN. It also has now an innate industrial and agricultural power base. And its prosperity hinges on the multilateral treaty provisions of their trade treaties with each other. China and the US can cut and slash at each other. ASEAN can go on flourishing on its own. 

What underpins ASEAN is  China's far greater industrial and agricultural power base.

India, as the world's largest democracy has be growing and evolving and developing on its own. Its growth does not hinge on US or China. And it has an internal market that its industrial and agricultural base has some problem satisfying. 

And they have one source that for sure will satisfy all its needs and requirements if it has to ask for it. And that is China.

Japan has been a economic depression for more that 20+ years. What happens between China and the US is not going to touch Japan. When you are down, how on earth do go any further down. You way is, if you can, is to go up.