Chinese reading exercise – Dr Chan newletter April 2010

Excerpts from Dr Chan newsletter for April 2010:

 

前一阵子,美国国会正在大呼小叫地要立法处罚中国操控[i]人民币币值[ii]。一旦美国

政府正式指中国操控人民币汇率[iii],美国政府就会向中国入口的产品征收处罚性关税。

 

实际上,这是中国加入世贸机构后西方国家共同面对的问题。当时西方国家还以

为中国只懂得编制藤椅[iv]这类手工艺产品,没想到中国加入世贸后,西方国家关税一放

宽,中国产品百花齐放,应有尽有。西方国家的工厂从此一家家的关门,中国成了世

界工厂,如何挽救这个局面?唯一的方法最好找些藉口[v],推行保护主义。今日是人民

币汇率,将来会是环保要求,指中国的生产过程不环保。最近我到西班牙巴塞罗那参

加欧盟主办的国际MBA 主任会议就深深感觉到欧盟的环保要求越来越高,而是不断

地向外输出[vi],迟早欧盟的大学商学院学术认证EQIST 会要求商学院课程必须注入环保

元素[vii]

 

Only lately, US Congress was screaming to have it legislated to punish China for

manipulating the exchange rate of Chinese currency rmb. The moment US Government

officially accuses China of manipulating rmb, US government will impose punitive import

duties on products imported from China.

 

In reality this is the problem faced by the Western world since China had joined the

World Trade Organisation. At that time the West thought China was only capable of

producing handicraft items such as bamboo chairs. The West never dreamed that when they

loosened their custom duties after China had become a member of World Trade Organisation,

all kinds of ‘made in China’ products would flood the markets, causing many Western

factories to close down. China has bcome the world product manufacturer, and the West does

not know how to salvage the situation. The best way is to find some excuses to advocate trade

protectionism. RMB exhange rate is the current problem, in future it will be environment

issue, accusing China’s manufacturing processes are harming the environment. Recently I

went to Barcelona, Spain to attend the international conference of heads of MBA studies, I

could sense the EU’s requirements for environmental protection are getting more and more

stringent. Sooner or later, the authoritative academics of EU commercial colleges EQIST will

request commercial colleges to make the environment issue as part of their curriculum.

 


[i] Cao kong4 – manipulate

[ii] Bi4 zhi2 – currency value

[iii] Hui4 lv4 – exchange rate

[iv] Teng2 yi3 – rattan chair

[v] Jie4 kou = excuse

[vi] Shu chu – export  

[vii] Yuan2 shu4 – element

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About kchew

an occasional culturalist
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