英语翻译1.首先,受金融危机影响,美、日、欧三大贸易伙伴需求急剧减少,国际市场萎缩.根据近几年的统计,美、日、欧市场占我

英语翻译
1.首先,受金融危机影响,美、日、欧三大贸易伙伴需求急剧减少,国际市场萎缩.根据近几年的统计,美、日、欧市场占我国出口份额的60%以上.但由于美、日、欧由于金融危机导致的经济滑坡,必然导致需求的减少.外需下降意味着外国消费者对高附加值产品和低附加值产品需求的同时下降.在这种环境下,出口商很可能没有动力革新技术,而是被迫通过压低产品价格去维持市场份额,这可能导致中国出口企业贸易条件的进一步恶化.我国的出口将受到极大影响.据海关统计,2008年1-12月份,我国对美国出口2522.9亿美元,增长8.4%,比上年回落6个百分点;对欧盟出口2928.8亿美元,增长19.5%,比上年回落97个百分点.2009年1月份,我国对美国出口172.9亿美元,比去年同期减少9.8%,对欧盟出口1983亿美元,比去年同期减少16.4%.
2.其次,贸易保护主义猖獗,贸易摩擦将加剧.贸易摩擦与全球或一国经济的发展状况有很大关系,但经济发展良好时,贸易摩擦会减少,当经济发展减弱时,贸易摩擦将加剧.2008年,受金融危机的影响,我国遭遇了大量贸易壁垒,贸易摩擦加剧.以贸易救济调查为例,2008年,美国对中国的不锈钢压力管、纺织物、厨房器具置物架和挂物架等产品发起反倾销反补贴合并调查,涉案金额8.9亿美元.2008年,欧盟先后对华冷轧不锈钢板、蜡烛等发起反倾销调查.此外,欧盟还对华钢铁管配件、皮面发起反倾销日落复审.另外我国还遭受国外的技术性贸易壁垒
3.金融危机对各国金融市场的严重冲击,使得各国资本发生了不同程度的流
动,外汇市场上的货币供求大幅波动,再加上危机爆发后各国执行的不同的货币
政策,加剧了国际汇率的变动.以下将从两方面来分析汇率变动对我国加工贸易
的影响:一方面,在当今外汇市场上美元、欧元、日元等强势货币为世界货币,
人民币仍为较弱势货币的前提下,我国加工贸易进出口均采用外汇结算,而非本
币结算,在汇率波动加大时,将会加大我国加工企业的汇兑风险,.不利于企业的资金周转和利润实现.另一方面,此次金融危机使得美元的霸主地位受到动摇,
美元在持续贬值后再次面临贬值,西欧银行危机和东欧危机也使得欧洲国家货币
受到不同程度的贬值压力.在这种形式下,即使我国政府极力维持稳定的人民币
汇率,人民币仍存在升值压力,我国加工贸易出口产品的价格仍然会受到影响.
国际汇率变动尤其是世界货币的贬值,将相对的提高我国原材料价格、劳动力成
本,进而提高出口产品的成本,削弱我国出口产品竞争力,不利于我国产品出口,
其次,国际汇率变动还不利于我国加工贸易企业制定产品价格.综上,国际汇率
的变动将加剧我国加工贸易的不稳定性
4.购买美国次级贷款债券的中国金融机构的经营业绩将会受到一定的影响.据美国财政部的统计,截至2006年6月底,中国机构购入的美国按揭债券总额为 1075 亿美元,占亚洲国家购入总量的47.6%.通常,次级按揭债券在整个按揭债券市场中的占比接近 15%,如果单纯按照该比例推算,中国机构购入的美国次级按揭债券接近160亿美元.中国的金融机构,如中国银行、中国工商银行、中国建设银行、交通银行、招商银行、中信银行等6家上市银行购买了美国次级按揭债券,造成了一定的损失.另外,我国金融机构境外投资风险加大.美国金融危机虽然有助于我国金融机构绕过市场准入门槛和并购壁垒,以相对合理的成本扩大在美国的金融投资,但是国际金融市场的动荡和货币紧缩,无疑加大我国金融机构的融资风险和投资经营风险.而且,随着次贷危机的不断深入,投资者的风险厌恶和离场情绪会引起更高等级的抵押支持证券的定价重估,从而危及境内金融机构海外投资的安全性和收益性.

1.First of all,by the financial crisis,the United States,Japan,Europe,the three major trading partners demand fell sharply in the international market to shrink.According to the statistics in recent years,the United States,Japan and Europe market share of China's exports accounted for more than 60%.But because the United States,Japan and Europe because of the financial crisis led to the economic downturn will inevitably lead to reduced demand.Decline in external demand means that foreign consumers for high value-added products and low value-added products,while demand fell.In such circumstances,the exporter may not power innovations,but were forced to go through the drive down product prices to maintain market share,which could lead to China's export enterprises further deterioration of terms of trade.China's exports will be greatly affected.According to customs statistics,in 2008,1-12 months,China exported 252.29 billion U.S.dollars to the United States,an increase of 8.4%,down 6 percentage points over the previous year; exports to the EU $ 292,880,000,000,an increase of 19.5%,down 97 percentage points over the previous year.January 2009,China exported 17.29 billion U.S.dollars to the United States,decreased by 9.8% year on year,198.3 billion U.S.dollars of exports to the EU,16.4% less than the same period last year.
2.Second,rampant protectionism,trade friction will be intensified.Trade friction with the world or the development of a country's economy has a lot,but economic development is good,trade friction will be reduced,when the economy weakens,the trade friction will be intensified.In 2008,by the financial crisis,China suffered a large number of trade barriers and trade frictions.Of trade remedy investigations,for example,in 2008,the United States on China's stainless steel pressure pipe,textiles,kitchen utensils rack shelf and hanging objects such as products launched anti-dumping subsidy investigations,involving 890 million U.S.dollars.In 2008,the EU has with China cold rolled stainless steel plates,candles and other anti-dumping investigations initiated.In addition,the EU China steel pipe fittings,leather initiated anti-dumping sunset review.China also suffered another foreign technical barriers to trade
3.The financial crisis on the severe impact of the world's financial markets,making the countries had different levels of capital flows
Move,the foreign exchange market volatility in the currency supply and demand,coupled with post-crisis countries in the implementation of the different currencies
Policy,increasing the international exchange rate movements.The following will be two ways to analyze the exchange rate changes on processing trade in China
Impact:on the one hand,the foreign exchange market in today's dollars,euros,yen and other strong currencies in the world currency,
RMB is still under the premise than the weak currency,China's processing trade are used foreign exchange settlement,rather than the
Currency balance sheet,increased volatility in the exchange rate,it will increase the processing enterprises in China's exchange rate risk.Not conducive to business cash flow and profits.On the other hand,the financial crisis,the dollar's dominance shaken
The dollar continued to depreciate again face devaluation of the banking crisis in Western Europe and Eastern European countries also makes the currency crisis
Subject to different depreciation.In this form,even if our government tried to maintain a stable yuan
Exchange rate,the RMB revaluation pressure still exists,China's processing trade export product prices will still be affected.
Especially the world of international currency exchange rate devaluation,the relative increase of raw material prices,labor costs
This,thereby increasing the cost of exports and weaken the competitiveness of our export products is not conducive to China's exports,
Second,the international exchange rate is not conducive to the development of processing trade enterprises price.In summary,the international exchange rate
Change will exacerbate the instability of China's processing trade
4.Buying U.S.subprime mortgage bonds,results of operations of China's financial institutions will be affected to some degree.According to the U.S.Treasury Department,as of the end of June 2006,China purchased U.S.mortgage bond institutions amounted to 107.5 billion U.S.dollars,accounting for Asian countries,47.6% of total purchases.Typically,the sub-prime mortgage bonds in the mortgage bond market in the proportion of nearly 15%,if calculated solely in accordance with the proportion of the Chinese agency of the U.S.subprime mortgage bonds purchased nearly 16 billion U.S.dollars.Chinese financial institutions such as Bank of China,Industrial and Commercial Bank of China,China Construction Bank,Bank of Communications,China Merchants Bank,CITIC Bank,six listed banks bought U.S.subprime mortgage bonds,caused some losses.In addition,our financial institutions,foreign investment risks.Although the U.S.financial crisis will help our financial institutions around the barriers to market access threshold and acquisitions to expand the relatively reasonable cost of financial investment in the United States,but the turmoil in international financial markets and monetary tightening,will undoubtedly increase the financing of financial institutions risks and investment risks.Moreover,with the deepening subprime mortgage crisis,investors risk aversion and departure will cause a higher emotional level pricing of mortgage-backed securities revaluation of domestic financial institutions and thus endanger the safety of overseas investment and profitability.
鎴戜簡.浣犱竴瀹氳?閫夋垜