english translate:Wall Street provided a strong lead with all three main indexes up around two percent but regional dealers took a breather, with attention turning to the corporate earnings season, which is about to get under way.
Chinese President Xi Jinping soothed world markets on Tuesday with a conciliatory speech pledging to further open up the world’s number two economy, ease auto tariffs and take action on US intellectual property rights.
The measures address some of the key issues that have irked Donald Trump and came after the White House on Friday unveiled another round of levies on billions of dollars of Chinese goods.
His comments tempered worries about a potentially devastating trade war that could hammer the global economy just as it gets back on track after the financial crisis.
Trump tweeted that he was “Very thankful for President Xi of China’s kind words”, adding “We will make great progress together!”