Passage 1
As the world's' largest trading nation, its largest exporter and second largest importer, China wields extensive influence on global trade and the world economy. China's advantages of course lie not only in the stable foreign trade polic
Passage 1
As the world's' largest trading nation, its largest exporter and second largest importer, China wields extensive influence on global trade and the world economy. China's advantages of course lie not only in the stable foreign trade policy decided by the recently held Central Economic Work Conference, but also in the strength and resilience of a broad-based and fast-growing economy.
The country's primary advantage comes from its stable macro-economy. The Chinese economy has generally realized a soft landing following a period of extremely rapid economic growth. While China did confront severe inflationary pressures in 2011, as well as a brief drop in the value of the renminbi exchange rate, China's financial status is the most stable of the world's major economies and leading emerging markets. While China still faces risks related to local financing platforms and potential non-performing loans in the banking sector, the overall assets status of the Chinese banking system is still sound, and China's rate of inflation remains lower than India's and those of other hot emerging markets by several percentage points.
Although pressure for renminbi depreciation continues to accumulate, the yuan is still stable compared with most emerging market currencies, many of which are now nearing currency crisis levels.
Among the largest emerging economies-BRICS the first nine months of 2011, only China's yuan appreciated by more than 3 percent in the inter-bank foreign exchange market. In the other four BRICS countries, the Russian ruble depreciated by 4. 06 percent,the Brazilian real lost 8. 01 percent of its value, while the Indian rupee and South African rand devalued by 8.5 percent and15.7 percent, respectively.
16.China's advantages mainly lie in the stable foreign trade policy.
A、True
B、False
【正确答案】:B
【名师解析】:根据文章内容,中国的优势不仅在于其稳定的外贸政策,还包括其经济的广泛基础和快速增长。文章提到了中国的宏观经济稳定,经济实现了软着陆,尽管在2011年面临严重的通胀压力和人民币汇率的短暂下跌,但中国的金融状况在全球主要经济体和新兴市场中是最稳定的。此外,尽管人民币贬值压力在积累,但与大多数新兴市场货币相比,人民币仍然稳定。因此,题目中说中国的优势主要在于稳定的外贸政策是不全面的,因为中国的优势还包括其宏观经济的稳定性和经济的广泛基础及快速增长。所以正确答案是B,即题目中的陈述是错误的。
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