She's a
Libra, so she always tries to see both sides of an argument.
她是天秤座的，所以她总是试图看到争论的两面。
He's very diplomatic, must be a
Libra.
他非常有外交手腕，肯定是天秤座的。
The
Libra in our team is responsible for maintaining harmony during meetings.
我们团队中的天秤座负责在会议中保持和谐。
My
Libra friend is great at finding compromises in conflicts.
我那个天秤座的朋友在解决冲突时很擅长找到妥协方案。
The
Libra boss makes sure everyone feels heard and valued in the company.
天秤座的老板确保公司里的每个人都感到被倾听和重视。
She's indecisive, like a true
Libra, can't make up her mind about which dress to buy.
她像真正的天秤座一样优柔寡断，拿不定主意买哪件裙子。
The
Libra designer has an impeccable sense of balance and aesthetics.
这位天秤座的设计师有着无可挑剔的平衡感和美学观。
He's charming and social, a typical
Libra trait.
他魅力四溢，善于社交，这是典型的天秤座特质。
The
Libra judge is known for giving fair and balanced decisions.
那位天秤座的法官以做出公正、平衡的判决而闻名。
She's a
Libra, so she loves organizing events and making people feel included.
她是天秤座的，因此喜欢组织活动并让每个人都有参与感。
In 2013, CNOOC, Petrobras, Shell, TotalEnergies and China National Petroleum Corp formed a consortium to win the Libra block, entering the Brazilian subsalt ultra-deepwater oil and gas field for the first time.
2013年，中海油、巴西国家石油公司、壳牌公司、道达尔能源公司和中国石油天然气集团公司组成联合体赢得Libra区块，首次进入巴西盐下超深水油气田。
CNPC entered into Brazil's deep-water oil and gas market in 2013 by winning the bid for Libra project.
中国石油天然气集团公司于2013年中标Libra项目，进入巴西深水油气市场。
Currently, CNPC operates three ultra-deep sea JV projects, the Libra project, the Buzios project and the Aram risk exploration block, with business in the country covering deep-sea oil exploration, production and marketing, and marine engineering services.
目前，中国石油天然气集团公司运营着三个超深海合资项目，即Libra项目、Buzios项目和Aram风险勘探区块，在该国的业务涵盖深海石油勘探、生产和营销以及海洋工程服务。
The announcement of the birth of Libra, the digital currency backed by a consortium of tech companies led by Facebook, has grabbed headlines around the world, including China.
The hype around Libra since the news was announced a month ago reached its apex when queries on whether "Libra will compete with Alipay and WeChat Pay" ranked as the second most popular search in the middle of July on Weibo, China's major microblogging service, according to China-focused online Twitter source Cnledger.
But industry watchers believed Libra and China's digital payment services will not compete directly due to their varying natures.
"While Libra is dedicated to issuing the currency, inviting developers in different countries to push its adoption, Alipay and WeChat Pay are essentially wallet applications that lie on top of a currency," said Michael Ho, a principal specialized in financial services at global consultancy Oliver Wyman.
This means digital payment services like Alipay are literally payment avenues through which users can choose to pay with either renminbi or, theoretically speaking, Libra in the future, Ho said.
Following the Libra announcement, Alipay told China Daily it will take a "precautionary but open approach" toward Libra, and emphasized the profound indigenous research and the wealth of technological reserves it possesses in blockchain.
However, according to Ho, the two real game-changers for Libra are its broad user base built on the Facebook ecosystem, as well as a global payment network pegged to a pool of convertible flat currencies, meaning it could practically become a de facto online currency in the future.
Libra will be able to call on Facebook's massive user base of 2.7 billion people, which is larger than that of China's mobile payment duopoly combined, he said.
Libra is a mainstream effort that will get people outside China thinking about digital currency, said O'Donnell.
Using Libra might make more sense in developing nations like India where access to financial services is limited, he added.
Ho from Oliver Wyman said it remains unclear whether Libra could become a mainstream virtual currency in three to five years' time.
Cryptocurrency receivesxa0'open mind but not open door' welcomeThe head of the UK's financial regulator the Financial Conduct Authority, known as the FCA, says that the organization has already had talks with Facebook about its plans to launch its own cryptocurrency Libra, and will have more, amid concerns that the proposal would not be scrutinized sufficiently.
More than 20 major international institutions including Visa, Mastercard, PayPal and Uber have signed up to get involved with Libra, which Facebook will unveil next week, and which it hopes could transform the international payment system.
"We will have to engage domestically and internationally, with Facebook and this other (Libra) organization.
Facebook said the way Libra has been designed will allow users to store, spend and transfer money with almost zero transaction fees, and will be particularly targeted at people involved in cross-border remittances, a market currently worth $613 billion per year.
"Just as people can use their phones to message friends anywhere in the world today, with Libra, the same can be done with money—instantly, securely and at low cost," Facebook said.
Speaking ahead of the upcoming G20 summit in Japan, Quarles said there were no plans for Libra to be discussed at the gathering, and that he did not believe cryptoassets such as Libra posed a danger to global financial stability.
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months.
Facebook is taking the lead on building Libra and its underlying technology; its more than two dozen partners — including PayPal, Uber, Spotify, Visa and Mastercard — will help fund, build and govern the system.
David Marcus, who is heading Facebook's cryptocurrency operation, tweeted on Tuesday that Libra is in part aimed at "the 1.7 billion people who are still unbanked 30 years after the invention of the web. "
负责Facebook加密货币业务的大卫·马库斯（David Marcus）在周二发推文称，Libra在一定程度上旨在为“自互联网诞生30年以来，仍有17亿人没有银行账户的人群”提供服务。
But the recently announced Libra, the blockchain digital currency proposed by Facebook is much more like stablecoins as it is connected with a portfolio of underlying assets.
Jean-Michel Godeffroy, president at JMG Consulting and a former official with the European Central Bank, said central banks had not reacted so nervously to Bitcoin as they had to Libra, as it is much more likely that the latter could become a real currency.
Issues related to Libra mainly concern cross-border payments.
Godeffory said that to some extent, Libra may challenge monetary sovereignty — the power of a state to exercise exclusive control over its currency — especially for developed countries.
Digital currencies such as Libra have the potential to have a significant effect on the world financial system, particularly those that quickly reach a global scale.
In a financial crisis, the central bank can inject liquidity and stabilize the financial system through flexible adjustments such as money supply, a function that privately-issued money, such as Facebook's Libra, may find it hard to implement, he said.
Meanwhile, the unbridled private sector became audacious and created a decentralized blockchain technology, which spawned crypto-assets like Bitcoin, while Facebook has been toying with a proposal to launch its own digital currency called Libra.
International Monetary Fund experts Tommaso Mancini-Griffoli and Tobias Adrian wrote in an article on the IMF website in December, "We have seen an increase in central banks' interest in CBDC following the announcement by Facebook of its Libra initiative as well as reports of a possible launch of a CBDC by the PBOC.
Some of these currencies issued by the private sector, such as Facebook's Libra, will find it hard to compete with state-issued digital money, Wang said.
Some digital currencies issued by the private sector, such as Facebook's Libra, will find it hard to compete with the State-issued fiat money, or the central bank digital currency (CBDC), said Wang Xin, head of the research bureau of People's Bank of China.
Facebook Inc unveiled plans for a new crypto-currency called Libra in June.
"Libra has been under huge regulatory pressure since it was announced … This is fundamentally because it may become a super-sovereign currency and reshape the international monetary system," Li said.
However, more experts are starting to wonder if digital money like central bank-backed digital currencies or privately issued Libra by Facebook might replace the dollar or euro to become the world's reserve currency.
Liu said there is a low probability that a digital currency, like Libra, would satisfy reserve currency requirements anytime soon.
Talking about the world's largest social network's digital currency plan — the Libra — she said that precise details around it are "still fuzzy", but at a high level it appears that Libra has created a legally complex organizational and technical model under which Facebook and its associates receive customer funds, manage money and process transactions.
This would be a new form of "dollarization" — a "Libraization", in the instance of Libra — and might undermine monetary policy, financial development and stability," Liu added.
The recent discussions on Facebook's launch plan for Libra, its digital currency network, has also sparked interest in Chinese observers, who have spoken of its potential influence on monetary policy, financial stability and the global monetary system.
US online payment firm PayPal Holdings Inc said Friday it is withdrawing from the Libra Association, a 28-member digital currency project led by social media giant Facebook.
While expressing continued support for Libra's "aspirations", Paypal said it decided to leave the global cryptocurrency club expected to consist of such big names as Visa, Uber, Lyft, and Mastercard.
"PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations," said Paypal headquartered in San Jose, Northern California.
PayPal's decision made it the first founding member to back away from the Libra Association that was formally announced in June 2019.
PayPal's withdrawal came after the Wall Street Journal reported Wednesday that other Libra members including Visa and Mastercard were also reconsidering their commitment to the group.
Libra is a membership organization founded by Facebook's subsidiary Calibra and 27 others across payment, technology, telecommunication, online marketplace, venture capital and nonprofits, which is created to oversee and manage cryptocurrency and related transactions across the globe.
Experts said, the announcement of Facebook's "Libra", the global social network's digital currency, has accelerated the PBOC's plan to issue its own digital money.
And the Libra's designing scheme might have sparked new ideas among Chinese financial regulators.
But Facebook's unveiling of its digital currency "Libra" may drive Chinese regulators to reconsider the possible model of CBDC, said experts close to the central bank on Monday.
Experts predicted that if things go well, the Chinese government-backed digital currency may come out earlier than the official launch of Libra.
The PBOC's original plan might have been influenced by Libra - the digital currency plan raised by the world's largest social network in June.
"Further testing is needed before officially launching the Chinese CBDC, gaining inspiration from the Libra," said Yang.
Libra, as described by a Facebook white paper, will be "fully backed by a reserve of real assets".
To some extent, Libra's organizational structure is quite similar as the structure designed by the PBOC for its digital currency and electronic payment system, said Mu.
Cryptocoins and blockchain technology are also increasingly discussed as potential game changers to the cross-border payments market, and those discussions are gaining in intensity with the prospect of the Libra cryptocurrency's launch announced in June.
Talks became even more heated after Facebook announced plans on June 18 to launch a global digital currency called Libra.
Like central bankers in other major economies, Zhou's concerns come from Libra's special features that go beyond those of a general cryptocurrency.
Unlike Bitcoin, Libra is described in a Facebook white paper as a currency "fully backed by a reserve of real assets".
A basket of bank deposits and short-term government securities will be held in the Libra Reserve to guarantee its value.
Backed by a real reserve and pegged to a basket of major currencies, Libra could become a "hard currency" circulating worldwide, even though it is too early to say if the new digital currency will be successful, Zhou said.
There is a possibility that Libra can be freely exchanged with major fiat currencies in the future, said Zhou, who has noticed that in recent years, many institutions are competing to create global digital currencies.
Libra could bring challenges for cross-border payments and foreign exchange management, according to Zhou.
"Facebook's white paper hints at greater ambitions for Libra with one association described as "a governing entity that is comprised of diverse, independent and not-for-profit members, headquartered in Geneva, Switzerland".
This may indicate a desire for Libra to become a global and unified digital currency.
If Libra becomes a new global payment instrument, with no national boundary, it will participate in the internationalization competition with other legal tenders, Sheng Songcheng, a former central bank official, wrote in an article recently.
As yet, Libra has no centralized regulatory mechanism.
"So it is doubtful that Libra's value can remain stable," said Sheng.
However, Libra could be an instrument allowing institutions to move remittances or foreign exchange across borders more quickly and cheaply than the legacy correspondent banking system, said Sheng.
"Using blockchain technology, Libra can enable clients to transfer funds peer-to-peer and directly to mobile wallets globally, which may intensify fluctuations of cross-border capital flows.
At a White House news conference on July 15, the US Treasury Secretary Steven Mnuchin also expressed his concern about the potential consequences if Libra becomes widely used.
He said Libra might be misused by money launderers and terrorist financiers.
Libra's co-creator David Marcus, who is in charge of Calibra - a digital wallet operated by a Facebook subsidiary - defended the plan in a written statement for the Congress hearing on July 16.
"The Libra Association, which will manage the reserve, has no intention of competing with any sovereign currencies or entering the monetary policy arena," Marcus said.
Currently, Libra is facing queries from financial regulators, not only in the US but also from other countries.
Potential challenges from Libra, the global digital currency proposed by the world's largest social media network, are accelerating the launch of state-backed digital currencies by central banks in countries around the world including China.
Similarly, Libra introduced its own "reserve" - a collection of low-volatility assets such as bank deposits and short-term government securities in currencies from stable and reputable central banks.
"Anyone with Libra has a high degree of assurance they can convert their digital currency into local fiat currency based on an exchange rate," a white paper said.
In terms of operation, the Chinese CBDC also has a two-tier structure similar to Libra's, Mu wrote in an article.
But Libra will be able to absorb deposits, provide payment services and take asset management business without being responsible for countering money laundering or financing of terrorism like general financial institutions, said Mu.
The central bank has been watching the emergence of a new global digital currency called Libra, introduced by Facebook, the world's biggest social network company, on June 18.
"We will keep a close eye on the new global digital currency," said Wang, making the latest comment on Libra from the country's monetary authority.
Unlike other cryptocurrencies, such as Bitcoin, Libra is described in a Facebook white paper as a currency "fully backed by a reserve of real assets".
A basket of bank deposits and short-term government securities will be held in a Libra reserve to guarantee its value.
Twenty-seven companies and entities have joined the Libra founder group, including the world's traditional payment giants Visa and Mastercard.
He said that if Libra can be successfully launched, it may challenge the existing United States dollar-centered international monetary system, a possibility that must be closely monitored.
Huang Yiping, director of the Digital Finance Research Center of Peking University and a former member of the PBOC monetary committee, said the birth of Libra serves as an "alert" for China's digital currency innovators and regulators.
Any role for Libra beyond the payment function could bring changes to the rules of the global monetary system, and regulators should pay close attention to that possibility, Huang said.
The world's economies have yet to decide how to cope with the challenge by the Libra system, though accelerating the launch of their own digital currencies could be a counterbalance, according to Wang of the PBOC.
Some experts suggested launching a Chinese version of Libra, using Facebook as a reference, to compete in the global cryptocurrency race, and they said the Chinese digital currency also could be used domestically.
Li Zhenhua, executive director of the Ant Financial Research Institute, part of the Alibaba Group, said the market is worried about whether Libra will develop into a type of credit money.
"We will improve international coordination and cooperation in digital finance, and to enhance global communication on Libra and CBDC.
Ant Financial, China's leading financial technology firm, has called for an "open-minded, albeit prudent" approach to the planned launch of cryptocurrency Libra by US tech giant Facebook.
Facebook announced a week ago a plan to launch Libra next year to tap into digital payments.
Facebook said it was creating a new subsidiary called Calibra to provide financial services based on Libra to allow customers to do transactions "with the push of a button.
"The social media network promised to offer strong protections for Libra transactions by adopting "the same verification and anti-fraud processes that banks and credit cards use.
"Facebook has partnered with 27 organizations and companies to form the Libra Association, an independent non-profit organization based in Geneva, Switzerland, to govern and operate the new digital cryptocurrency.
未经许可，严禁转发。QQ交流群：688169419