China not to threat world steel industry

时间：2007-05-28 05:54:30

（单词翻译:单击）

Chinanews, Beijing, May 26 - Recently, International Iron and Steel Institute warned about China posing a threat to the world iron and steel industry, for Chinese steel giants might allegedly crush the global market. China Iron and Steel Association refuted such opinions as "irresponsible and absolutely exaggerative".

 

International Iron and Steel Institute believes several iron and steel giants will be generated in China in the next industrial integration1, which will pose a great price challenge to their counterparts in Western countries.

 

"It is not true, for the international steel market appreciates competition, and every enterprise has the right to improve its competitiveness. Industrial integration can be seen all around the world. Why should the blame be laid on Chinese enterprises alone?" said Xi Xiangdong, vice2 secretary general of China Iron and Steel Association.

 

"In fact, far from seeking to establishing a monopoly, booming Chinese iron and steel enterprises will only help to fill the great supply-demand gap in the world and to reduce steel prices," added Qi.

 

"In a word, China will never be a threat to the world iron and steel industry," concluded Qi.

 
分享到：


点击收听单词发音收听单词发音  

1 integration G5Pxk     
n.一体化，联合，结合
参考例句：
  • We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
  • This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。
2 vice NU0zQ     
n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的
参考例句：
  • He guarded himself against vice.他避免染上坏习惯。
  • They are sunk in the depth of vice.他们堕入了罪恶的深渊。

©2005-2010英文阅读网