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China Bows to U.S. Pressure on Yuan 人民币向升值压力低头

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China Bows to U.S. Pressure on Yuan  人民币向升值压力低头

U.S. President Barack Obama is not the only one welcoming China’s promise to allow the yuan to be a more flexible currency. China has pegged the yuan against the dollar since July 2008. As a result, many say the Chinese currency is undervalued – held at an artificially low level – giving China an unfair economic advantage. The U.S., in particular, has been demanding China reform its currency, saying that Chinese exporters have greatly benefited from the low yuan.

对于中国允许人民币弹性调整的承诺，表示欢迎的人并不只有美国总统巴拉克．欧巴马。自从2008年7月，中国便一直固定人民币对美元的汇率。因此，许多人说中国的货币是被低估的，它维持在人为控制的低点，让中国拥有不平等的经济优势。美国已经特别要求中国改革其货币，并认为中国出口商早已大大地受惠于贬值的人民币。

A flexible yuan would surely yield some advantages. Manufacturers in other countries would find it easier to compete with Chinese imports. And nations that rely on exporting, like Germany and Taiwan, will no longer be at a disadvantage. Companies that export to China should also sell more products, as the yuan price of their goods goes down. And finally, Chinese customers themselves should benefit from lower price tags on foreign products.

较有弹性的人民币绝对会产生许多优点。在其他国家的制造商能较容易与中国进口品竞争，而依赖出口的国家如德国和台湾也不再处于劣势。出口到中国的公司将可以卖更多的产品，因为他们的产品以人民币计算会较为低廉。最后，中国内低廉的外国商品将对中国消费者有利。

NASA Predicts Space Storm, Possible Devastation  美国太空总署预言太空风暴将导致灾难

NASA is warning that a space storm could cause massive destruction when it hits our planet in or around 2013. The space agency’s scientists say that the sun will soon be waking up from a deep sleep, reaching a peak in its magnetic energy cycle as well as reaching its maximum number of sunspots. The result of this could be like “a bolt of lightning” hitting the earth, NASA says.

美国太空总署警告，太约在2013年太空风暴将袭击地球，并导致大规模的毁灭。此太空科学单位的科学家说，太阳将从沈睡中苏醒，其磁场能量周期将达到高峰，太阳黑子也将达到最大数量。美国太空总署说，其结果就是像是「一道闪电」击中地球一般。

The reason that such a storm could be so destructive is related to our high dependence on technology. Solar flares have hit Earth before, but experts are worried because the enormous levels of magnetic energy would play havoc with everything from iPods to banking systems. In fact, some countries in Europe could be left in darkness as power grids overheat, air travel could be disrupted, hospital equipment could be affected, and electronic devices could cease to function. NASA is just hoping that governments take heed and prepare themselves.

这样的风暴会有如此严重的毁灭性其实与我们对科技的高度依赖有关。太阳闪焰曾经袭击地球，但是科学家现在如此担心是因为巨大的磁场能量会破坏所有从iPod到银行系统等的一切。事实上，有些欧洲国家可能会因为电力网过热而停电，航空交通也可能受阻，医院器材也可能受影响，而电子产品也可能停止运作。美国太空总署只是希望政府能多加留意并做好准备。

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Vocabulary

单词发音

flexible [ˋflɛksəb!] adj. 可变通的；灵活的

currency [ˋkɝənsɪ] n. 货币

reform [͵rɪˋfɔrm] v. 改革

yield [jild] v. 产生

devastation [͵dɛvəsˋteʃən] n. 毁坏

massive [ˋmæsɪv] adj. 巨大的，大规模的

destruction [dɪˋstrʌkʃən] n. 破坏；毁灭

magnetic [mægˋnɛtɪk] adj. 磁铁的；磁性的

maximum [ˋmæksəməm] adj. 最大的；最多的

enormous [ɪˋnɔrməs] adj. 巨大的，庞大的

play havoc [ˋhævək] with something 使陷入大混乱; 对…造成破坏  to damage something

heed [hid] n. 留心，注意

More Information

单词发音

bow to something 屈服于, 屈从于, 服从 to accept something without really wanting to

peg [pɛg] v. 把…钉牢

undervalue [͵ʌndɚˋvælju] v. 低估；轻视

sunspot [ˋsʌn͵spɑt] n. 太阳黑子

bolt [bolt] n. 一道(闪电，电光)

solar flare 太阳耀斑; 【天】日晕

power grid 电力网；电网

Extreme Solar Flares