英美报刊翻译完整版.docVIP

How China runs the world economy 中国如何引领世界经济Jul 28th 2005 From The Economist print editionGlobal wages, profits, prices and interest rates are increasingly being influenced by events in China 1 “IF YOU want one year of prosperity, grow grain. If you want ten years of Chinese proverb crudely sums up how the entry of Chinas massive labour force into the global economy may prove to be the most profound change for 50, and perhaps even for 100, years. “一年之计，莫如树谷；十年之计，莫如树木；终身之计，莫如树人。” 中国这句老话可以直白地概括说明为什么庞大的中国劳动力大军进入全球经济如何会是50年、甚或100年间最为深刻的变化。 2 China, along with the other emerging giants, India, Brazil and the former Soviet Union, has effectively doubled the global labour force, hugely boosting the worlds potential output and hence its future prosperity. Chinas growth rate is not exceptional compared with previous or current emerging economies in Asia, but China is having a more dramatic effect on the world economy because of two factors: not only does it have a huge, cheap workforce, but its economy is also unusually open to trade. As a result, Chinas development is not just a powerful driver of global growth; its impact on other economies is also far more pervasive 中国连同其他正在崛起的大国印度、巴西和前苏联国家使全球劳动力翻了一番，大大提高了世界的潜在产出，因而未来的繁荣前景更加光明。 较之以前或目前的亚洲新兴经济体，中国的经济增长率没有什么了不起，但是中国对世界经济的影响较大，这是由于两个方面的原因：拥有廉价的劳动力大军；中国经济是开放型经济，而且贸易开放程度异乎寻常。因此，中国的发展不仅仅是全球经济增长的强大驱动力，而且对其他经济体的影响也广泛得多。 3 Beijings new influence was clear from the shockwaves in global currency, bond and commodity markets last week after it announced that the yuan will no longer be pegged to the dollar. Until a couple of years ago nobody cared much that the Chinese yuan was pegged to the dollar. Recently, though, this link has become one of the hottest issues in international politics, widely blamed in America for its huge trade deficit. 北京上周宣布人民币不再盯住美元，此事给全球货币、债券和商品市场带来冲击波，北京具有的影响力由此可见一斑。就在几年前，谁都不太在乎人民币是否盯住美元。然而，由于巨额贸易逆差受到了美国广泛指责，这种联系最近也成了国际政治的一个热门话题， 4 Last weeks 2.1% revaluation of the yuan is trivial and unlikely to dent