1. China’s Export Trade & Absorption of FDI

2. Business Terms 现场 样品间 创新产品 增长销售额 研究和开发 智囊团 劳动密集型的 品牌
on the spot (at/on the scene)
show room
innovative goods
to boost the sales
research and development
think tank
labour-intensive
brand

3. Business Terms to dump 倾销 to soar 猛增 laptop computer 便携式电脑
export prowess
managerial and operational expertise
production capacity
the Asian Financial Crisis
economies of scale 倾销 猛增
便携式电脑
出口能力
管理和经营的技能
生产能力
亚洲金融危机
规模效益

4. Business Terms to phase out production 逐步停止生产 the ace in the hole 王牌
to survey
a decent profit
to loosen trade restrictions
top management
to be up to the standards in design and quality
逐步停止生产 王牌 调查
相当多的利润
放松贸易限制
最高管理层
达到设计和质量的标准

5. Business Terms 黑洞 世界工厂 扩大生产 增加产量 给予……享用……的机会 专利 收购 合并 black hole
the “world’s workshop”
to expand production
to boost the output
to give somebody access to something
patent
acquisition
consolidation

6. Business Terms to merge... into... 使……并入 revenue ［大宗的］收入 consultancy
to shift production overseas
higher-end product
the accession/entry to the WTO
apparel
to procure
使……并入
［大宗的］收入
咨询公司
向海外转移生产
高端产品
加入世贸组织
服饰产品 采购

7. The Spread of China Inc.
Richard Ernsberger Jr.

8. China has long had more of a trading than an overseas-investment mentality
more of a(n) A than a(n) B 不像B而更具有A的特点，意为“与其说是B，还不如说是A；与B相比，更像A”。
The festival was more of a traditional English harvest celebration than a true thanksgiving observance.
这个节日不仅仅是一个感恩仪式，它更像英国传统的丰收庆典。
What he told us was more of an illusion than a reality.

9. Our biggest challenge is to secure a niche for our ourselves…
Niche:(one's niche) a comfortable or suitable position in life or employment
You can then find your own niche in public life.
那样你就可以在社会生活中找到适合于你的位置。
Secure: succeed in obtaining (something), especially with difficulty
the division secured a major contract.
该部门赢得了一份大额合同。

10. That tough philosophy is paying dividends.
Tough: able to protect one's own interests or maintain one's own opinions without being intimidated by opposition; confident and determined 强硬的；自信而坚决的
Philosophy: a theory or attitude held by a person or organization that acts as a guiding principle for behaviour 人生哲学；宗旨；行为准则
If something pays dividends, it brings advantages at a later date.
Their decision five years ago to computerize the company is now paying dividends.五年前他们做出使公司电脑化的决定现在正产生出效益。

11. The World's Most Valuable Brands
#1 Apple $145.3 B
#2 Microsoft $69.3 B
#3 Google $65.6 B
#4 Coca-Cola $56 B
#5 IBM $49.8 B
#6 McDonald's $39.5 B
#7 Samsung $37.9 B
#8 Toyota $37.8 B
#9 General Electric $37.5 B
#10 Facebook $36.5 B

12. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, and the Apple Watch smartwatch. Apple's consumer software includes the OS X and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites. Its online services include the iTunes Store, the iOS App Store and Mac App Store, and iCloud.

14. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to develop and sell personal computers. It was incorporated as Apple Computer, Inc. on January 3, 1977, and was renamed as Apple Inc. on January 9, 2007, to reflect its shifted focus toward consumer electronics. Apple (NASDAQ: AAPL) joined the Dow Jones Industrial Average on March 19, 2015.

15. Apple is the world's largest information technology company by revenue, the world's largest technology company by total assets, and the world's second-largest mobile phone manufacturer. In November 2014, in addition to being the largest publicly traded corporation in the world by market capitalization, Apple became the first U.S. company to be valued at over US$700 billion. The company employs 115,000 permanent full-time employees as of July 2015 and maintains 453 retail stores in sixteen countries as of March It operates the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer. There are over one billion actively used Apple products worldwide as of March 2016.

16. Apple's worldwide annual revenue totaled $233 billion for the fiscal year ending in September The company enjoys a high level of brand loyalty and, according to the 2014 edition of the Interbrand Best Global Brands report, is the world's most valuable brand with a valuation of $118.9 billion. By the end of 2014, the corporation continued to receive significant criticism regarding the labor practices of its contractors and its environmental and business practices, including the origins of source materials.

17. What prevents China Inc. from becoming well-known multinationals?
Shortage of managerial talent
Little notion of marketing and brand-building
China’s long tradition of central planning
Inefficient use of capital
Antiquated distribution system
Failure to meet top standards in industrial design and quality

18. Foxconn finalises Sharp takeover
Taiwanese manufacturer Foxconn says it has finally agreed a deal to take over struggling Japanese electronics company Sharp.
Foxconn said the deal was worth 389bn yen ($3.5bn; £2.4bn) and would give it a 66% stake in Sharp.

19. Foxconn, which assembles most of the world's iPhones, first offered to invest in the troubled Japanese firm in 2012, but talks collapsed.
The two firms said the deal would be signed on 2 April.
It would be the first foreign takeover of a major Japanese electronics firm.
Describing themselves as "world-class technology industry leaders", Foxconn and Sharp said they would form "a historic strategic alliance".

20. Trade in a Time of Protectionism
COLOMBO科伦坡 – As China’s economy slows and growth in the developed world remains anemic没有活力, governments across Asia are working to keep their economies on an upward trajectory轨道. In Sri Lanka, where I am Prime Minister, the challenge is to find a way to accelerate our already steady economic growth.

21. One thing is clear: We cannot expect the rest of the world to welcome our economic ambitions the way it once opened its arms to China’s rapid rise as an economic power or – in earlier decades – cheered on the growth of Japan and the so-called Asian Tigers, including South Korea.
Today, we Asians are witnessing, on an almost daily basis, fierce political assaults on the tools and policies that have helped lift hundreds of millions of our citizens out of poverty. Indeed, this year, free trade appears to be the scapegoat 替罪羊of choice精选的 among the world’s assorted populists 民粹派and demagogues蛊惑民心的政客.

22. In the United States’ presidential election campaign, for example, the leading candidates in both the Republican and Democratic primaries have questioned the wisdom of seeking greater openness in world trade. In the United Kingdom, euroskeptics campaigning for the country to leave the European Union denigrate诋毁 the benefits of the single European market. Elsewhere in Europe, populists are demanding that the drawbridges吊桥 of trade be raised.

23. Open trade is under attack even in parts of Asia
Open trade is under attack even in parts of Asia. Japanese Prime Minister Shinzo Abe had to drag some of his country’s special-interest groups kicking and screaming into the Trans-Pacific Partnership跨太平洋伙伴关系协定. Similarly, Indian Prime Minister Narendra Modi has been unable to convince state governors to lower trade barriers within the country. And in Sri Lanka, the “economic and technology agreement” that my government recently planned to sign with India, in order to bring about greater economic integration, has come under ferocious激烈的 political attack.

25. For the most part, however, Asia’s political leaders retain a very positive view of the benefits of open trade. After all, much of the past four decades of robust growth can be attributed to the fact that world markets were receptive愿接受 to Asian goods. All we needed to do to get our economies growing, it seemed, was to identify our comparative advantage, produce quality goods at competitive prices, and then export as much as we could. For decades, this model worked extraordinarily well, and China, Japan, South Korea, and the countries of Southeast Asia benefited greatly from it. Even today, with world trade in the doldrums不景气, regional trade remains a key component of these countries’ growth strategies.