Crisis can be Opportunity!英语论文.doc

PAGE  PAGE 9 Crisis can be Opportunity! This year, the economic crisis，originated in the United States, sweeps the whole world, and China is inevitably involved in. The direct cause of current economic crisis is the Americans’ spending more ahead and over-limitation. In the past few years, the United States had borrowed money from China, Japan, to provide enough money to the American consumers; and had borrowed money from the future to maintain current consumption, contributing to a false prosperity. As Americans spend more , they lead to excessive consumption and oil, coal, ore, steel and other raw materials soaring prices, resulting in economic production overwhelmed, eventually leading to capital-strand breaks, false bubble burst— first the sub-prime crisis, real estate credit crisis, gradually lead to a serious financial crisis, economic crisis. However, just as two thousand years ago, Laozi said: The evil of Fu Xi Fu, Xi-fu of the lean bad. Blessing in disguise, how can you know the non-fu? Bad thing can be turned into a good thing. To our country, the worldwide economic crisis is indeed a disaster, while it may be an excellent opportunity for development and growth yet. To change crisis into opportunities, to recover from the economic crisis, in the past year, the Chinese Government showed firm confidence, the collective wisdom, and it took positive and effective measures to increase effective demands; at the same time, it made every effort to develop and create new productive forces, and strive to overcome economic crisis . And the fact tells us: We Chinese made it! It’s true that China is a rising power right in the east of the world! Now I’d like to share several reports mainly focus on the economy of China with you all. The first one is a commentary by Frederick Kempe. It is named as “China Challenges U.S., Europe in African Push”. In this article, the author pointed out that China has become a strong opponent of the United States to invest in Afr