The Port of New Orleans in Louisiana, the United States, October 1, 2024. [Photo/Xinhua]
ByYang Xinmeng
When China and the U.S. released a joint statementin Geneva on May 12, agreeing to a 90-day tariff truce, global markets exhaled in relief. The immediate surge in trans-Pacific shipping bookings – up 277 percent within a week – wasn't just a statistical blip but a visceral testament to the world's deep hunger for stability. Behind this breakthrough stands a familiar constant: China's role as a stabilizing force – mediating crises, shaping rules and leaning on long-term pragmatism to steer the world's most consequential bilateral relationship back from the brink.