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Analysts said the phase-one agreement will benefit both countries and the whole world. But uncertainties still exist, they said.

Analysts said the central bank's accommodative stance also helped boost investor sentiment. The People's Bank of China injected 500 billion yuan of funds on Tuesday to ensure ample liquidity, after a 1.2-trillion-yuan injection on Monday.

And, as in the Vietnam situation, Afghanistan was no threat to Australia. Yet the political class needed to show its support to the United States.

And that would mean the showdown with Apple is about to begin. With its customer base, e-commerce platform, cloud computing infrastructure, Kindle experience and existing catalogs of digital books, movies and television shows, Amazon has long been?viewed by analysts as one of the few companies with the potential to seriously challenge the iPad in the tablet market.

And even those who embrace it acknowledge its shortcomings: regular elections can lead to short-termism among political decisionmakers, while the two-party system that prevails in the US and UK tends to silence alternative voices.