The meaning of the color Red.

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When I was at school, my teachers used red ink to mark on mistakes in my homework, assignments and exam papers. In commercial world, people use red ink to mark figures on ledgers to denote losses. Suddenly I come up with the question: does red really imply anything negative? In my city, when the traffic signal turns red, people immediately refer it as an indication of danger. Both drivers and walkers stop before continuing their travel on the road. When red fluid flows out of the body, we know that we must be hurt and we need treatment as soon as possible. Also when a house is covered with red colored flames, we know it is on fire and need the help from fire-fighters. However, on pondering more about the color, I recall that it is the color of Red Cross, an international organization whose mission is to help the needy people. When trapped in a n accident, red cross means rescue. Red is also the color of Christmas and Chinese new year. What is you opinion upon the color Red? Is it you favourite color? The Chinese characters on my picture "??" means red color.