• 2022-06-18 问题

    Read the line of the movie Flipped and choose the right meaning of the underlined words. WhatdoIdo? Well,yougottonipthisinthebud.Thesearen'trealemotions. A: kill it B: stop the feeling as soon as possible C: change mind D: pick a flowe

    Read the line of the movie Flipped and choose the right meaning of the underlined words. WhatdoIdo? Well,yougottonipthisinthebud.Thesearen'trealemotions. A: kill it B: stop the feeling as soon as possible C: change mind D: pick a flowe

  • 2022-06-15 问题

    PresidentObama’srecenttriptoChinareflectsasymbioticrelationshipattheheartoftheglobaleconomy:ChinausesAmericanspendingpowertoenlargeitsprivatesector,whileAmericausesChineselendingpowertoexpanditspublicsector.Yetthisarrangementmayunravelinadangerousway,andifitdoes,themostlikelyculpritwillbeChineseeconomicovercapacity.<br/>SeveralhundredmillionChinesefarmershavemovedfromthecountrysidetothecitiesoverthelast30years,inoneofthelargest,mostrapidmigrationsinhistory.Tohelpmakethiswork,theChinesegovernmenthassubsidizeditsexportersbypeggingtherenminbiatanunnaturallylowratetothedollar.Thishassupportedrelativelyhigh-payingexportjobs;additionalsubsidieshaveincludeddirectcreditallocationandpreferentialtreatmentforcoastalenterprises.<br/>Thesearen’ttherecommendedpoliciesyouwouldfindinabasiceconomicstext,butit’shardtoarguewithsuccess.Mostimportant,ithasgivenmanymoreChineseastakeinthefutureoftheirsociety.Thosesamesubsidies,however,havespurredexcesscapacityandcreatedadangerouspolitical,dynamicinwhichtheseinvestmentshavetobeproppedupatallcost.<br/>Chinahasbeenbuildingfactoriesandproductioncapacityinvirtuallyeverysectorofitseconomy,butit’snotclearthatthelatestroundofinvestmentswillbeprofitableanytimesoon.Automobiles,steel,semiconductors,cement,aluminumandrealestateallshowsignsoftoomuchcapacity.InShanghai,thecentralbusinessdistrictappearstohavehighvacancyrates,yetbuildingcontinues.<br/>Chineseplannersnowtalkoftheneedtorestrictinvestmentinsectorsthatareoverflowingwithunsoldproducts.Theglobalmarketisnolongerstrong,anddomesticdemandwasneverenoughinthefirstplace.Regionalofficialshaveanincentivetopropuplocalenterprisesandproductionstatistics,evenifthatmeanssupportingprojectsoraccountingpracticesthatarenotsustainable.(315Words)

    PresidentObama’srecenttriptoChinareflectsasymbioticrelationshipattheheartoftheglobaleconomy:ChinausesAmericanspendingpowertoenlargeitsprivatesector,whileAmericausesChineselendingpowertoexpanditspublicsector.Yetthisarrangementmayunravelinadangerousway,andifitdoes,themostlikelyculpritwillbeChineseeconomicovercapacity.<br/>SeveralhundredmillionChinesefarmershavemovedfromthecountrysidetothecitiesoverthelast30years,inoneofthelargest,mostrapidmigrationsinhistory.Tohelpmakethiswork,theChinesegovernmenthassubsidizeditsexportersbypeggingtherenminbiatanunnaturallylowratetothedollar.Thishassupportedrelativelyhigh-payingexportjobs;additionalsubsidieshaveincludeddirectcreditallocationandpreferentialtreatmentforcoastalenterprises.<br/>Thesearen’ttherecommendedpoliciesyouwouldfindinabasiceconomicstext,butit’shardtoarguewithsuccess.Mostimportant,ithasgivenmanymoreChineseastakeinthefutureoftheirsociety.Thosesamesubsidies,however,havespurredexcesscapacityandcreatedadangerouspolitical,dynamicinwhichtheseinvestmentshavetobeproppedupatallcost.<br/>Chinahasbeenbuildingfactoriesandproductioncapacityinvirtuallyeverysectorofitseconomy,butit’snotclearthatthelatestroundofinvestmentswillbeprofitableanytimesoon.Automobiles,steel,semiconductors,cement,aluminumandrealestateallshowsignsoftoomuchcapacity.InShanghai,thecentralbusinessdistrictappearstohavehighvacancyrates,yetbuildingcontinues.<br/>Chineseplannersnowtalkoftheneedtorestrictinvestmentinsectorsthatareoverflowingwithunsoldproducts.Theglobalmarketisnolongerstrong,anddomesticdemandwasneverenoughinthefirstplace.Regionalofficialshaveanincentivetopropuplocalenterprisesandproductionstatistics,evenifthatmeanssupportingprojectsoraccountingpracticesthatarenotsustainable.(315Words)

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