Beijing, the capital of China, has quite many __________ (名胜古迹).
Beijing, the capital of China, has quite many __________ (名胜古迹).
Beijing, the capital of China, has quite many __________ (名胜古迹).
第2题
Globalisation
For many, the surprise of finding a McDonalds outlet in Moscow or Beijing provides no greater symbol of the spread globalisation. Used to explain all manner of economic, cultural and political change that has swept over the world in recent decades, globalisation is a term that continues to cause intellectual debate. Some see it as inevitable and desirable, but it is a contentious issue with an increasing number of individual citizens around the world questioning whether or not the implications of globalisation, in terms of international distribution of income and decreasing poverty, are effective. The beginning of globalisation is inextricably linked to technological improvements in the field of international communications and a fall in the cost of international transport and travel. Entrepreneurs and powerbrokers took advantage of these advances to invest capital into foreign countries. This became the basic mechanism for globalistion with the trading of currencies, stocks and bonds growing rapidly.
Breaking down the barriers through the free movement of capital, free trade and political cooperation was seen as a positive move that would not only increase living standards around the world, but also raise political and environmental awareness, especially in developing countries, predictions were that nations would become more outward-looking in their policy-making, as they searched for opportunities to increase economic growth. Roles would be assigned to various players around the globe as capital providers, exporters of technology, suppliers of services, sources of labour, etc. Consequently, countries and economies could concentrate on what they were good at and as a result, markets would experience increased efficiency.
The process of economic globalisation was without doubt led by commercial and financial powerbrokers but there were many others who supported the integration of world economies. As multinational companies searched for new work-forces and raw materials, nongovernment organizations and lobby groups were optimistic that in the wake of global business, indigenous cultures might be given a reprieve with an injection of foreign capital. This would, in turn, provide local employment opportunities. By spreading trade more evenly between developed and developing nations, it was touted that poverty would decrease and living standards would rise.
Governments saw the chance to attract multinational companies with taxbreaks and incentives to set up in-country, effectively buying employment opportunities for their constituents.
By the late 1990s, some trepidation started to surface and globalisatlon faced its most public set- back. The spectacular economic collapses in Korea, Brazil, Thailand and other countries were considered, rightly or wrongly, to be caused by the outwardly-oriented trade policies that globalisation espoused such as the growth of exports. These countries had enjoyed record growth for a relatively short time, but when faced with difficulties, the growth appeared unsustainable. The vulnerability and risk associated with reliance on exports and international markets was made clear.
Meanwhile though, through the 1990s and early 2000s, multinational companies continued to do well financially. Pro f. its were increasing, keeping shareholders happy, but the anticipated spin-offs were not being felt at the workers' level or in local communities in the form. of increased employment. These successful companies did not want to share the benefits of the increased efficiency they were receiving as g result of introducing their own work practices. The multinationals were setting their own agendas, with governments, in many cases, turning a blind eye fearing that they might pull out and cause more unemployment, Free trade was now accused of restricting governments, who were
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C.NG
第3题
The problems stem from the fact that women are very differently positioned in relation to the markets in different parts of the world. In certain places, where women are socially excluded from leaving their homes, the challenge is to find ways for women to participate. In other places, the challenge is to create markets which are more friendly to women's participation. Ilham Ibrahim Mohamed Ahmed of Sudan condemned the debt burden carried by developing countries, economic sanctions, arbitrary measures and denial of access to new technological developments as obstacles to the growth of women's rights. Women remain very much in the minority among Internet users and still face huge imbalances in the ownership, control and regulation of new information technologies.
"The gains of globalization have not been equitably distributed and the gap between rich and poor countries is widening," said Zhang Lei of the People's Republic of China.
The gains of globalization thus far have for the most part been concentrated in the hands of better-off women with higher levels of education and with greater ownership of resources and access to capital.
"Work in China and Vietnam shows that globalization has brought new opportunities to young women with familiarity with English in new service sector jobs, but has made a vast number of over-35-year-olds redundant, because they are either in declining industries or have outdated skills," Swasti Mitter of the UN's Women Watch Online Working Group on Women's Economic Inequality said.
What is not the result of globalization?
A.The removal of state controls on trade and investment.
B.The disappearance of tariff barriers.
C.The spread of new information and communications technologies.
D.Owners of capital are enabled to move their capital around the globe more quickly.
第4题
Chinese Economy
The size of the Chinese economy is likely to climb, in world rankings, from its current position as the sixth largest to the second largest by 2030, said economists with global investment bank Lehman Brothers.
With its gross domestic product (GDP) growing at an annual rate of 6 per cent, China will come in after the United States to secure the second place spot, the economists said.
Such an economy stands to offer exciting business and capital market opportunities to foreigners over the next 10 years or so, said Robert Subbaraman, a Lehman Brothers senior economist who is the co-author of a newly released comprehensive report on China's economic, political, social and foreign policy prospects over the next 10 years.
At a press conference last week in Beijing, Subbaraman and his colleagues offered detailed explanations of their forecasts regarding the impact of the country's accession to the World Trade Organization (WTO), growth opportunities and how to do business in China.
WTO Impact
China's economy will be disrupted in the short term, but in the long run, it can benefit immensely from its WTO entry, said Subbaraman.
Rising numbers of bankruptcies and displaced workers are likely, as increased trade competition after the WTO forces a reallocation of resources away from protected and less competitive industries to sectors where China has more of a comparative advantage, he said.
According to the International Monetary Fund, WTO accession will subtract 0.3 per cent from China's real GDP growth in the first year.
Subbaraman said potential losers from the accession include the highly protected agricultural, telecommunications and banking sectors and some of the more capital-intensive ones such as the auto industry.
Besides short-term adjustment costs, WTO accession will have a profound effect on the composition of China's balance of payments, he said.
The reduction in trade barriers will lead to a substantial increase in merchandise imports but only a modest rise in exports.
Furthermore, WTO entry will help spur the development of the legal and regulatory framework and accelerate reform. in the bank and enterprise sectors, thus creating demand for foreign services — financial, accounting, management consultancy and legal — to support restructuring.
As a result, the current account surplus of US $ 20.5 billion in 2000 is likely to decrease and could sink into a small deficit by 2003, Subbaraman said in his report.
However, the decrease in Chinas s current account should be more than offset by an improvement in the capital account, noted Paul Sheard, chief economist for Lehman Brothers Asia.
The liberalization of China's services sector should attract stronger FDI (foreign direct investment) inflows, while measures to strengthen the rule of law and to broaden and deepen the bond and equity markets should help deter portfolio capital flight.
"On our estimates, actual FDI will soar from US $ 46. 8 billion today to a round US $ 65 billion by the end of 2003,” he said, adding that China's overall balance of payments surplus is expected to increase steadily in the coming years.
"This means that the tendency for the RMB will be to appreciate once China begins to move toward a more flexible exchange rate regime," he said.
In the long run, WTO entry is expected to add around 1.3 per cent per annum to China's GDP growth, he added.
"We are optimistic that China will achieve an average 6 per cent growth over the next two decades," he said at the press conference.
Business Bible
In the report, Subbaraman said the answer to the question: "Should we be there? is a cautious "yes” for multinational inv
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B.N
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第5题
A.I have never gone
B.I haven’t gone to Beijing
C.I never go there
D.I’ve never been to Beijing
第6题
第7题
下列选项中正确的语句组是( )。
(A)char s[8];s={"Beijing"}; (B)char*s;s={"Beijing");
(C)char s[8];s="Beijing"; (D)char*s;s="Beijing";
第8题
A.char s[]="Beijing"
B.char s[20]={"Beijing"}
C.char s[20];s="Beijing"
D.char s[20]={’B,’e’,’i’,’j’,’i’,’n’,’g’}