关于时事的英文作文word范文模板 31页.docx

关于时事的英文作文word范文模板 31页.docx

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关于时事的英文作文word范文模板31页

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关于时事的英文作文

　　篇一：

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