Market surge shows trade talks meet demand

Source:Global Times Published: 2019/2/26 21:55:33

The Chinese stock market surged over 5 percent Monday on three major bourses, with trading volumes on the Shanghai and Shenzhen bourses surpassing 1 trillion yuan ($150 billion) - a record three-year high. Despite market volatility on Tuesday, the growth trend is not disrupted. Both the exchange rate for the yuan and the US stock market surged. It was widely believed to be the markets' enthusiastic response to the substantial progress in China-US trade talks.

The market reaction in China and the US proved that both sides believe the eventual result of talks will be beneficial to their own country. Otherwise there would not have been a simultaneous optimistic reaction. 

The market reaction also showcased that peaceful development is the common aspiration of the two countries and the whole world. Confrontation doesn't attend to the interests of China or the US and it will harm their economic development. Solving problems via cooperation is what their peoples want. 

Wise and pragmatic, people understand China-US cooperation will result in mutual victory but conflicts only lead to mutual defeat. The optimistic response of the market is applause for the trade talks and the efforts of negotiators. 

As the negotiations haven't ended, uncertainty will remain until the last moment when a final deal is reached. It is a major test for not only negotiators but also governments' rationality and wisdom. Negotiators will have further discussions about the text of the agreement. In this process, the talks will smoothly move forward if both sides maintain calm and mutual respect. 

The final agreement will surely be an objective reflection of the strength and interests of China and the US, as well as an expression of the public and market will of both sides.

We oppose some people in China who claim that China has lost. At the same time, we also object to some Americans who claim that the US has lost to promote the idea that China has won over a cowardly US.

Such claims are not in line with the facts and could undermine the public opinion environment for further talks. If false is made true, which could possibly mislead the public, the extra cost for talks will rise. 

Criticizing for criticism's sake is becoming normal in the US as partisan contention turns fiercer. In this special time, Chinese public opinion should keep calm and provide no excuse for the political struggle in Washington. No matter whether American people think their country has won or lost, we must seek truth from facts.

Some people may feel insipid about a win-win agreement. However, we should be thankful that a lose-lose end could be avoided. 

Public opinion in China should be conscious about not forging fake news or following extreme rhetoric but supporting the winning conclusion to the trade talks.

We cannot expect everyone to be rational but we advocate believing in mainstream Chinese and US societies' judgment.


Newspaper headline: Market shows trade talks meet demand


Posted in: EDITORIAL

  • 女子免费修眉做一半后被推销 不花钱做项目不让走 2019-05-20
  • 第六届全国职工职业技能大赛启动 2019-04-20
  • 网友投诉不文明养犬行为 有关部门加强治理 2019-04-18
  • 父亲为监视孩子盗监控探头 不料IP未改反被“监控” 2019-04-08
  • “十八兄弟会”,横行乡里十几年……—qhchang的博客—强国博客—人民网 2019-03-31
  • 广州推出4006套公租房 记者实探6大盘 2019-03-31
  • 肖邦故里的冬日问候——钢琴家马雷克奏响新春祝福马雷克-布拉查 2019-03-25
  • 您访问的页面找不回来了 2019-03-13
  • 百姓故事:《纸飞机》:战火纷飞的年代里,永远不要忽视孩子的力量 2019-03-13
  • 吕梁:临县青塘“粽叶香”非遗艺术节开幕 乡土节目很吸睛 2019-03-08
  • 刘伯承之子刘蒙谈“立马太行的一代儒将” 2019-03-05
  • 江西省加强公租房租赁合同管理 公租房租赁期最长不超过5年 2019-03-04
  • 我们为什么不能做水而要做面团呢?水无形而面有形。 2019-03-03
  • 加快生态文明体制改革,建设美丽中国 2019-02-22
  • 哥大在读硕士马健瑞创业 为留学生做“专属保护”装备 2019-02-19
  • 722| 830| 410| 134| 260| 964| 133| 876| 292| 523| 352| 752| 453| 798| 149|