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Unit 3Sino-UK Trade Ties 《商务英语翻译》(英译汉) 【Translation】 Without doubt, this international financial crisis has landed the world economy in the most difficult situation since the Great Depression. China, as a developing country with heavy reliance on foreign trade, is experiencing a hard time in economic growth, particularly in foreign trade and investment. Since November 2008, China’s imports and exports have seen negative growth for 3 consecutive months, while inward investment has been sliding. We’ve also noted that economic growth and employment here in Britain has also been dealt a heavy blow. Two-way trade between China and Britain has suffered as well. In January 2009, bilateral trade value dropped 21.6% year on year. The gravity and speed of the decline are unprecedented indeed. To tackle the crisis and challenges, countries have taken various countermeasures, contributing greatly to restoring confidence and mitigating the consequences of the crisis. However, in the face of a crisis, efforts of a single country are far from enough. In a world featuring globalization, economies are inextricably interwoven with each other. The history of world economy has proven that insulation and protectionism offers no way out; openness and cooperation is the right recipe to heal a crisis. Despite the severe challenges in front of us, globalization based on scientific advance and global allocation of resources will remain irreversible. Economies will be even more linked to and dependent on each other. Britain is the birthplace of the idea of free trade. Adam Smith’s theories have influenced international trade over the past 200 odd years. We believe that there are boundless opportunities in the future, and spring is right around the corner. 【Version for Reference】 中英贸易关系 毋庸置疑,这场国际金融危机使世界经济陷入上世纪大萧条以来最困难的境地。作为一个高度依赖对外贸易的发展中国家,中国的经济增长,特别是对外贸易投资领也正遭遇困难时期。从2008年11月份开始,中国进出口贸易连续三个月出现负增长,吸收外商直接投资出现了明显下滑趋势。我们也注意到,英国的经济增长和就业也遭受了严重打击。
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