"When countries have closed their doors, they eventually will be harmed," he said in an apparent reference to Trump's "America First" ideology.
It's only when people are hurt that they rethink strategy, Fu — a member of the Chinese People's Political Consultative Conference — continued. "Eventually, I believe they will find out that globalization is the way to lead the global economy,"
His comments come after Trump recently blocked China-backed Canyon Bridge Capital Partners' purchase of Oregon-based Lattice Semiconductor on national security grounds.
The bilateral relationship between Chinese President Xi Jinping and the U.S. leader has been strained ever since the Republican entered office early this year, with talk of a trade war pervasive. But Fu said he doesn't anticipate the latter scenario to materialize.