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US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji
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Trump said talks are “back on track” and held off on his threat to impose tariffs on an additional $300 billion of Chinese goods. Trump 上海419论坛
said China will buy “a tremendous amount” of US food and agriculture exports while bilateral negotiations are ongoing.
The S&P 500 reached 2,977.86 in midday trading, all all-time high, bef
ore closing at 2964.33, up 22.57 points. Nevertheless, the long-term outlook for the market rema 上海419论坛
ins unclear as US manufacturing dipped close to a three-year low in June amid a worldwide economic slowdown.
“The devil is always in the details,” Usha Haley, professor of manageme
nt at Wichita State University, told China Daily. “I don’t know if Trump is the great m
上海419论坛品茶微信ediator. But everyone gave a huge sigh of relief that talks have resumed between the US and China.”
Trump eased export sanctions on Huawei Technologies Co Ltd, boosting semiconductor stocks, including Micron Tech
nology, Skyworks Solutions, Qualcomm and Broadcom — and sparking the possibility of a revolt among some Republicans.
South Carolina Senator Lindsey Graham, a strong Trump supporter, told NBC’s Face the Nation on Sund 上海419论坛品茶微信
ay that he’s reviewing Trump’s action and noted, “It’s clearly a concession. There’ll be a lot of pu
shback if this is a major concession. If it’s a minor concession, I think it’s part of the overall deal.”
Neither side sai 上海419论坛品茶微信d when negotiations would resume or established a schedule for completing a deal.
Goldman Sachs called Trump’s decision to ease export sanctions on Huawei a “potential unexpected market friendly outcome”。
Asked at the G20 meeting in Japan if he had removed Huawei from the Entity List that controls the export of technology th
at could compromise US national security, Trump said, “No, not at all” and “We are talking about that” before telling re
porters, “I don’t want to talk about it now, we are looking at it very carefully. Huawei is very much in play.”
Despite a busy schedule, Xi still tries to find time to interact with children.
He has extended greetings to children nationwide every International Children‘s Day since he became
president in 2013, showing his care for their growth and his hope for them to carry on endeavors to realize the nation’s dreams.
International Children’s Day falls on June 1 every year.
In May 2013, while inspecting a school devastated by an earthquake in Sichuan province, Xi t
old students to turn their trauma into a source of strength, urging them to be strong, brave and united.
When visiting a primary school in Beijing’s Haidian district in 2014, Xi spoke of the
need to guide children to set high goals and create conditions for them to grow into adulthood.
On June 1, 2015, when speaking to members of the Young Pioneers of China in Bei
jing, Xi called on all Chinese children to learn to be people of integrity, knowledge and responsibility from an early age.