HSBC's Fan Limin: Maintaining the stability of Sino-US economic and trade relations will inject more certainty into the world economy.

Regarding the joint statement released today from the China-US-Japan Geneva economic and trade talks, Vance Fan, Chief Asia Economist at HSBC Global Research, stated that the series of important consensus reached in the economic and trade field during the high-level China-US economic and trade talks will not only significantly alleviate the pressure on the export industries of both countries, but also provide relief for market investors. Fan believes that "in terms of future export prospects, the uncertainty faced by China's manufacturing industry will decrease, which is good news for the Chinese economy." At the same time, Fan believes that for American consumers, they can avoid price increases and supply disruptions for everyday household items, undoubtedly benefiting from it. Maintaining the stability of China-US economic and trade relations will inject more certainty into the world economy.