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(单词翻译:双击或拖选)
World Bank President Robert Zoellick says the outlook for the global economy remains1 uncertain, but China might help to foster global economic recovery.
Robert Zoellick (File photo)
World Bank President Zoellick spoke2 Tuesday to a global private equity3 conference in Washington, D.C. He said he has been hearing mixed reports from economists4 and financial leaders.
"My reading of these different reports is that we still face a very high degree of uncertainty5," said Robert Zoellick. "But of course, it's a deadly mistake to let uncertainty paralyze you."
Zoellick encouraged business leaders to invest in developing markets, saying they will present new opportunities when the world emerges from the "wreckage6" of the current global recession. And he said he sensed some optimism among global leaders he met last month at the G-20 summit in Europe.
"One could sense sighs coming from the room," he said. "Now they could have been sighs of weariness, but I think primarily they were sighs of relief because the ministers and central bankers feel that they have broken the fall."
Zoellick said since this economic downturn is global, the world can expect a slower, more gradual recovery. But he said China could play a positive role.
"Now a positive spark is that I suspect China might surprise us on the upside," said Zoellick. "China acted quite quickly and aggressively to stimulate7 demand, and has had some pretty good first quarter numbers."
Zoellick said when you examine the numbers closely, the good news from China results mainly from government spending, and it remains to be seen when the country's private sector8 will boost its investments again.
China reported Tuesday that its exports decreased for the sixth straight month, suggesting that overseas demand for Chinese products is still weak.
And the Commerce Department said the U.S. trade deficit9 rose in March for the first time since last July to $27.6 billion, with the global recession also hurting American exports. America's politically-sensitive deficit with China rose 10 percent in March, to $15.6 billion. China has been the country with the largest trade surplus with the United States for more than a decade.
1 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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2 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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3 equity | |
n.公正,公平,(无固定利息的)股票 | |
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4 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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5 uncertainty | |
n.易变,靠不住,不确知,不确定的事物 | |
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6 wreckage | |
n.(失事飞机等的)残骸,破坏,毁坏 | |
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7 stimulate | |
vt.刺激,使兴奋;激励,使…振奋 | |
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8 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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9 deficit | |
n.亏空,亏损;赤字,逆差 | |
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