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ID:36181209
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页数:4页
时间:2019-05-07
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1、2011年3月高口听力SpotDictation文本RenownedUSeconomistJohnRutledge,whohelpedframe.thefiscalpoliciesoftwoformerUSpresidentswarnedthatanabruptriseinChina’scurrencycouldleadtoanotherAsianfinancialcrisis.ThefounderofRutledgeCapitaltoldthemediathatiftheYuanrisestoofastandtoohigh,itwoulddiscourageforeigndirect
2、investmentinChina,whileencouragingcurrencymanipulationbymarketspeculators.Currencychangeismoredifficultforinvestorsandmoreexcitingforspeculators.TheChinesecurrencyhasappreciatedbymorethan5%sinceJuly2005whenthecountryallowedtheYuantofloatagainsttheUSdollarwithadailybandof0.3%.Theanalystsareexpect
3、ingthecurrencytoriseanother4%bytheendofthisyear.ButiftheYuanrose20%to30%assomeUSpoliticiansaredemanding,itwouldjeopardizetheChineseeconomy,causingarecessionanddeflation.SimilaradvicetoallowanabruptappreciationofacurrencyledtotheAsianfinancialcrisisin1997,andcameveryclosetodestroyingtheJapaneseec
4、onomy.TheUSeconomistsaysthatinvestorswantforemosttoavoidrisksassociatedwithlargefluctuationsincurrencyandinflation.Theycalculatereturnsontheirinvestmentafterevaluatingriskstobenefitssuchaslowerlaborcost.ArisingYuanwilldriveuplaborcostsforforeigninvestorsandwouldnotresultinhigherwagesforworkers.E
5、arlierreportssaidthatcurrencyspeculatorshadpumped200billionUSdollarsintoChinabytheendoflastyearwithanother70billionUSdollarsflowingintotheeconomyinthefirst3monthsofthisyear.There’snowaytoaccuratelytracktheflowofthistypeofinvestment,andmanyeconomistsdisagreethattheamountofspeculativecashissohigh.
6、Insteadoffurtherappreciatingitscurrency,ChinashouldmaketheYuanconvertibletotheUSdollar.IftheYuanweremoreeasilyconvertedintoforeigncurrencies,itwouldallowChinesecompaniestoexpandoverseas,facilitatethepurchaseofforeigntechnology,andprovidemanagementexperienceandcapitalthatChinaneeds.Itwouldalsoshr
7、inkForexreservesandreducespeculativemoneycomingintothecountry.2011年3月高口句子听译原文和答案,沪江网校提供SentenceTranslationDirections:Inthispartofthetest,youwillhear5Englishsentences.YouwillhearthesentencesONLYONCE.Afteryouhaveheardeachsente
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