商务英语报刊阅读课件曹丽燕 ISBN9787810786621 PPTunit19.pptVIP

Unit 19 China cuts rates, lowers reserve ratio Main idea China’s central bank cuts rates and lowers reserve ratio to keep the economy from sliding further Exercise 1 1 false 2 false 3 true 4 true 5 false 6 false 7 true 8 false Translation The new traffic regulations will come into effect from Sep.1st. Foreign financial institutions must apply for the sanction of Chineses government if they want to invest in China. Chinese government is facing great chanllenges due to the rocketing CPI coupled with recent major natural disasters like snowstorms, the earthquake and floods. The key issue now is how to better allocate social resouces to ensure more people have access to government’s welfare policy. Translation The domestic and foreign investment accounts for 60 percent and 40 percent respectively in the joint-venture. Logical Outline * * Keep the economy from sliding further Cut rates Lower reserve ratio