关于时事的英文作文word范文模板 31页Word文档下载推荐.docx

关于时事的英文作文word范文模板 31页Word文档下载推荐.docx

《关于时事的英文作文word范文模板 31页Word文档下载推荐.docx》由会员分享，可在线阅读，更多相关《关于时事的英文作文word范文模板 31页Word文档下载推荐.docx（19页珍藏版）》请在冰豆网上搜索。

时事英语短文

　　Obama:

EconomyMayBeaJobforMorethanOnePresident

　　Problemswiththeeconomyhavebeenbuildingfordecades,PresidentBarackObamatoldCBSprogram"

60Minutes"

inaninterviewsettoairSunday,Dec.11.

　　"

I'

vealwaysbelievedthatthiswasalong-termproject,"

thepresidentsaid."

Reversingstructuralproblemsinoureconomythathadbeenbuildingupfortwodecades,thatwasgoingtotaketime."

　　Obamawasaskedwhetherheunderstoodthedifficultiesofimprovingtheeconomywhenhetookofficein201X.

Itwasgoingtotakemorethanayear.Itwasgoingtotakemorethantwoyears.Itwasgoingtotakemorethanoneterm.Probablytakesmorethanonepresident,"

Obamatoldhisinterviewer.

　　ObamasaidheunderstoodthefrustrationsofAmericansstrugglingintoday'

seconomy,butcomparedhimselftoacaptainofashipinabadstorm.

Nomatterhowwellwe'

resteeringtheship,iftheboat'

srockingbackandforthandpeoplearegettingsickand...they'

rebeingbuffetedbythewindsandtherain,"

Obamasaid.

Peoplearegoingtosay,'

YouknowwhatAgoodcaptainwouldhavehadusinsomesmoothwatersandsunnyskies,atthispoint.'

AndIdon'

tcontroltheweather,"

thepresidentadded.

　　Chinesesovereigndebtbondsthattie：

　　JapanwantstobuyChinesegovernmentbonds

　　INTHEautumnof201X,whenhewasJapan‘sfinanceminister,YoshihikoNodadecrieditas―strange‖thatChinahadboughtupasmuchas￥2.3trillion（then$25.5billion）inJapanesegovernmentbondswhileitsowndebtwasoff-limitstooutsiders.Nowprimeminister,MrNodaisredressingthebalance.AtasummitinBeijingonDecember25ththetwocountriesannouncedanagreementtoletJapanbuyChinesesovereigndebt.Nosumortimetablewasdisclosed,thoughJapanesenewsmediareportedtheamountwillreach$10billiononceChinaapprovesJapan‘sapplication.

　　Bothcountriessaytheagreementsymbolisesthegrowingimportanceoftheireconomicties,whichhavelongbeenwarmerthantheirdiplomaticones.ChinaisJapan‘slargesttradingpartner;

JapancountsasChina‘sbiggestafterAmerica.Butthedealmayalsobeasignal.OfficialsinTokyofretthatChina‘spurchasesofJapanesebondsfueltheyen‘sappreciation.BynegotiatingforapprovaltoownChinesedebt,JapancanregisteritsdiscomfortwithChina‘s

　　actionsandgainsomeinfluenceofitsown.

　　Japanwillnotsimplybeabletobuywhateveritlikes,however.Chinaseemshappyforforeigncentralbankstoholdlimitedamountsofitsbondsasanotherstepintheinternationalisationoftheyuan.Malaysiareportedlyalreadyenjoystheprivilege,amongothers;

JapanissettobethefirstG7countrytodoso.ButChinawillnotdoanythingtocompromiseitscontroloftheexchangerate.FredBergstenatthePetersonInstituteforInternationalEconomics,athink-tankinWashington,DC,oncearguedthatAmericashoulddispensewiththenicetiesandexertupwardpressureontheChinesecurrencyviatheoffshoremarketinstead.HeadvisedAmericatobuyinstrumentssuchastheyuan-denominated―dimsum‖bondsnowonofferinHongKong.Quitewhateffectthatwouldhaveontheexchangerateisunclear,butthemessagewouldbeunmistakable.

　　TheGreatWallofDebt

　　That'

sthewordoutofChinathismorning,accordingtoratingsagencyMoody'

s.

　　Localgovernmentdebtcouldbe3.5trillionrenminbi（$540billion）largerthanfirstthought,atroublingnumberthatcouldexposeChinesebankstodeeperlossesthatcouldeventuallythreatentheircreditratings,Moody'

ssays.

　　ItpointstoBankofChinaandChinaCiticBankastwobanksthatpursuedparticularlyaggressivelendingstrategiesin201X,whenChinesebankswentonalendingtear.

　　―Banks‘exposuretolocalgovernmentborrowersisgreaterthanweanticipated,‖YvonneZhang,aMoody‘sanalyst,saidinastatementpublishedbyReuters.

　　Thebiggestworry

　　Slowereconomicgrowthintheworld‘ssecond-largesteconomycouldtriggeraroundofloandefaults,hobblingChina'

sbankingsystemandunnervingglobalmarketsand,ofcourse,addingmoreproblemstothefragileglobaleconomy.Moody'

sisurgingBeijingtocomeupwitha"

clearmasterplan"

tofixtheproblem.

　　Thisisn'

tthefirstwarningaboutChina'

sbankingsystem.

　　AsreportedbyGlobalPost'

sDavidCasebackinJanuary,FitchRatingslatelastyearissuedatroublingreportonthesector.

　　Here'

showCaseputit:

　　ExpertsarewarningthatChina‘sred-hoteconomyiscatchingacontagionofitsown.Thecountryisincreasinglyawashinrunawayloans,adevelopmentthatcouldhaveseriousimplicationsforChinaandtheglobaleconomy.

　　ThesituationhasbecomesoprecariousthatFitchRatings,aglobalcredit

　　analysisfirm,issuedareportlastmonthrevealingalitanyofme