Directions: Put the following pas sage into Chinese. Write your Chinese version in the proper space on the Answer Sheet.
This greater interdependence is not limited to the financial sector. The new challenges of today are global in nature and therefore, they demand a global response. This applies to issues such as climate change, eneigy security, terrorism prevention, trafficking and organized crime. We can no longer meet these challenges by closing the door and simply looking after our own house. Instead, we must reach out and seek cooperation, wherever cooperation is more effective. The world is currently witnessing the broadest and deepest wave of globalization ever producing great opportunities but also some risks. Globalization has helped hundreds of millions from poverty and provided businesses with the possibility to invest and expand abroaD.But those same businesses know that they can no longer live on past achievements. When we speak of globalization, it is important to understand that openness and interdependence are the rules of the game.
Our cooperation in the fight against climate change is particularly important. We all know that climate change is real, that it is caused by human activity, and that its consequences are universal and will be felt first and foremost by the poorest. It will serve little purpose if other countries do not join in common action. Yes, there is a cost to reducing emissions, but the cost of global warming and not just in the long term is going to be far higher, including for China.
