碰男华挂海贸多大学 高级商务英语阅读 6)venture capital 7)euro-denominated capital market 8)mercantilist assumptions 9)liquid investment 10)management expertise III.Translate the following passages into Chinese (26%): 1.Some believe that individually,with the help of enterprising local management or eager multinational partners wanting to add new products to their stable,Chinese brands could become a global phenomenon within a decade,marketed on quality and exotic appeal,as well as competitive pricing. 2.New Economy skeptics have a more pessimistic view of the future because they have a gloomier reading of the past.They say much of the equipment and software bought in the late 1990s went to waste.And they argue that recent downward revisions of historical GDP data solidify their case that the profit and productivity surge of the period was not as strong as first believed.When the history books are written,they say,the boom will turn out to have been largely a bubble. 3.As world markets worry about tighter money in America,overheating in China and dearer oil everywhere,Europe and Japan are,contrary to tradition,providing havens for optimists Japan's economy,in particular,continues to beat expectations even as it raises them.Numbers released on Tuesday May 18th showed that Japan's output grew at an annual pace of 5.6%in the first quarter of this year,its eighth straight quarter of growth.Even the money value of its 第2页共9页高级商务英语阅读 6) venture capital 7) euro-denominated capital market 8) mercantilist assumptions 9) liquid investment 10) management expertise III. Translate the following passages into Chinese (26%): 1. Some believe that individually, with the help of enterprising local management or eager multinational partners wanting to add new products to their stable, Chinese brands could become a global phenomenon within a decade, marketed on quality and exotic appeal, as well as competitive pricing. 2. New Economy skeptics have a more pessimistic view of the future because they have a gloomier reading of the past. They say much of the equipment and software bought in the late 1990s went to waste. And they argue that recent downward revisions of historical GDP data solidify their case that the profit and productivity surge of the period was not as strong as first believed. When the history books are written, they say, the boom will turn out to have been largely a bubble. 3. As world markets worry about tighter money in America, overheating in China and dearer oil everywhere, Europe and Japan are, contrary to tradition, providing havens for optimists. Japan’s economy, in particular, continues to beat expectations even as it raises them. Numbers released on Tuesday May 18th showed that Japan’s output grew at an annual pace of 5.6% in the first quarter of this year, its eighth straight quarter of growth. Even the money value of its 第 2 页 共 9 页