官方APP下载:iOS版(支持iPhone/iPad/iTouch)安卓版(要求Anroid 4.0以上系统)Windows Phone版(要求8.0以上系统)
创办于2003年
UNSV记不住?那就记中文谐音“忧安思危”吧!
UNSV英语学习频道 - Slow and steady wins the race!
手机微信学英语
打开手机微信,扫描以下二维码,即可通过我们的公众微信平台学英语。
UNSV英语学习频道公众微信服务号
UNSV英语学习频道淘宝网店
淘宝网店购买咨询
客服短信:18913948480
客服邮箱:web@unsv.com
标准VIP会员
全站资料无限下载、手机APP免费使用。
¥598元/12个月
英语口语慢成班
承诺三年拿下口语!
¥4990元/终身
分享到:

US Stocks Slide on Worries About China's Slowing Economy

阅读次数:

VIP会员专享下载:(非VIP会员无权下载!如果想下载,但还不是VIP会员,请点此订购
* 2015年10月1日起,网站不再提供免费下载服务,详情请看站长公开信:坚持12年之后的一个艰难决定
下载方式:使用鼠标右键(注意是鼠标右键!)点击下面的MP3音频/MP4视频链接,然后选择“另存为…”。
MP4节目视频 MP4节目视频  MP3节目录音 MP3节目录音  SRT视频字幕 SRT视频字幕 
文章正文
同步字幕
US Stocks Slide on Worries About China's Slowing Economy
US Stocks Slide on Worries About China's Slowing Economy

U.S. stock prices fell sharply Monday, with major stock indexes closing down by around 1.6 percent in the first full trading day of 2016. The selloff was sparked by a series of disappointing reports on Chinese manufacturing, and the impact of increased geopolitical tensions on oil prices. But while some analysts say the Chinese slowdown is likely to have only a limited impact on developed economies, others say what happens over the next few days will be critical.

On Wall Street - it was a disappointing start for a brand new new year: a global sell-off sparked by a seven percent decline in Chinese stocks... one large enough to trigger a so-called circuit breaker that suspended trading in Shanghai and Shenzhen.

New York Stock Exchange head Peter Costa says the reaction in European and American markets was to be expected.

"When you have that kind of move in the second largest economy in the world, it definitely has ripple effects across U.S. markets and European markets as well,' he said.

The reason for the sell off: new data showing Chinese factory activity declining for the tenth straight month - with China likely to post its weakest economic growth in 25 years.

But that was also to be expected. After all, China's economy is in the midst of change - says PNC international economist Bill Adams - on Skype.

"Some of the volatility today is because China is trying to transition away from export-oriented growth towards domestically driven growth,' he said.

The pace of China's transition from an export to a more balanced, service-driven economy has fueled worries about a "hard landing" for China. But Standard and Poor's chief economist Beth Ann Bovino says for the U.S. - the impact is likely to be limited

"Much of our economy and much of our growth comes domestically. About 85 percent or so is domestically driven. 15 or so, 10 to 15 - comes from what happens abroad. So even though we'll feel the hit, say, if there is a hard landing in China, I don't think it's enough to really push us into recession,' she said.

The big worry on Wall Street is what happens next.

"I think that if you see a continued global sell off and seeing markets retreat tomorrow and Wednesday, that could be a significant situation,' said Peter Costa.

Another concern that could drive volatility: increased friction between Saudi Arabia and Iran that some say could drive oil prices higher, even as demand around the world continues to decline.

网友的学习评论(0条):
版权所有©2003-2015 南京通享科技有限公司,保留所有权利。未经书面许可,严禁转载本站内容,违者追究法律责任。 中国互联网经营ICP证:苏B2-20120186
广播台