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fledgling industries
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This will strengthen China's market-oriented economy, making it more compatible with the economies of other WTO members. A. different from B. competitive with C. agreable to D. liberal than
To the administration, Tokyo appears more “result-oriented” than the Community, prompting hopes that bargains can be reached with Japan to ease frictions on a range of issues. A. lower prices B. discounts C. deals D. agreements
fledgling industries
One of the great paradoxes of Mrica is that its people are for the most part desperately poor while its lis extraordinarily rich.
Passage 2 An insistence that Europe Japan create a “level playing field” for trade by agreeing to give U.S. exporters the same access to their markets as foreign companies receive in the United States. This push to expU. S. manufacturing exports is considered essential politically to fulfill President Bill Clinton's campaign promise of more “high-wage, high skill” jobs for Americans. A willingness to impose sanctions on major trading partners to reduce trade barriers abroad, with less patience for drawn-out negotiations. Administration officials see little risk that this more aggressive policy could escalate into a full-fledged trade war that would shock the world's fragile economies. Thus, the administration will not be deterred by complaints that it has moved to “protectionism”. 39.What is the meaning of a “level playing field” for trade? 40.In what way could this push help “fulfill President Bill Clinton's campaign promise”? 41.Why would the administration not be deferred from exercising the more aggressive policy?
bilateral pacts
The Chinese city of Guangzhou situated a mere 50 minutes flying time from Hongkong.
Passage 2 Zhangjiagang is a commercial hub of Jiangsu, the fastest-growing province in China. China has the most dynamic economy in the world today. Its boom radiates from Guangdong, its richest province, but it has spread as far west as Xingjiang, where foreign investors are searching for oil other natural resources. It is creeping inland, from Jiangsu to the cities of Congqing Wu-han, where businessmen from Hong Kong Taiwan are starting to spend billions of dollars to build factories. it has penetrated the northeast, where the city of Shengyan, long a moribund center of state industry, is bustling with new private business, from trading companies to prostitution. Back in Beijing, officials at China’s state council, or cabinet, are giddy with excite-ment-exhaustion. “We don’t have people, we don’t have time,” says one. “Things are moving too fast.”After a slowdown through 1990, China’s economy bounced back mightily, reaching a recent peak of 13 per cent growth last year. Now, some Western experts are predicting that China could become the world’s dominant economy early in the 21st century.39.What do the phrases “dynamic economy” “the world’s dominant economy” mean?40.What is the meaning of “We don’t have people” in the underlined sentence?41.What are some Western experts predicting?
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