商务英语阅读第二版王关富unit1whychinaworks

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1、Unit1WhyChinaWorksExercisesLAnswerthequestionsonthetext:1)HowdoestheauthorviewtheChineseeconomy?Itisthemostimportantbrightspotintheworldeconomyundertheglobalrecession,theonlymajoreconomythatislikelytoshowsignificantgrowththisyear,andtheonlyonethatroutinelybrea

2、kseveryruleintheeconomictextbook.2)Accordingtotheauthor,whycantheChineseeconomyperformsowell?Becauseof:(1)thecapacityforstatecontrolbytheChinesegovernment.(2)itsrejectionofexoticfinancialinnovationsthatarethemeltingcoreoftheglobalcreditcrisis.(3)theintegration

3、ofitseconomicpoliciesbetweentraditionalmarkettoolsandstatecontrolmeasures.3)Inwhatwaydoestheauthorimplythatwesterneconomistsareerroneousintheirbiastoward“China，smarketeconomicsystem”？TheUnitedStatesandEuropearemovingtowardstatecontrolbynationalizingtheirbankin

4、gandcarindustries,andimposingheavynewregulationonthefinancialindustry.4)WhatistheviewofStephenRoachontheChineseeconomysystem?InvestmentisthebackboneofsustainablegrowthintheChineseeconomy,whichworksmoreeffectivelythanothermarketbasedsystemsintimesofeconomicstre

5、ss.5)WhycanChinaworkintheeyeoftheauthor?Ithasfollowedaradicalpragmatismfocusingonaslowbutsteadyshifttowardfreermarkets.6)WhatisregardedasthestrategicthinkingoftheChineseleadersinmarketreforms?Theyunderstandevenundertheseriousfinancialcrisisthatitcanstabilizeth

6、eChinesemarketandeconomytointroducemoresophisticatedformsofsecuritization,includingstockindexfunds,corporatebondsandotherdebtproducts.Theyalsorealizethat,inthecourseofdoingthis,theyshouldlearnfromthemistakesthewesternershavemade.7)Whatistheexamplegiventoillust

7、ratethesteadinessoftheChineseleadersintheirpolicyexecution?TheycontinuetoallowthevalueofyuantorisedespiteoftheAmericanchargesandtheneedforexportcompetitivenessbytheirownenterprises.8)Whatis“shocktherapy"?ItistheeconomicpolicyadoptedinRussiafrom1991to1992thatto

8、tallyderegulatedpricesandleadtoarunawayinflation.Itprovedtobeallshockandnotherapy.1)InwhatwaysdoestheChineseeconomicsystemworkefficiently?Itcangetthingsdonequickly,moveinacoherentm