Our football team suffered a
shock defeat in the first round.
我们的足球队在第一轮比赛中惨败。
Granny is in a state of
shock.
奶奶处于休克状态。
Mom told the child that touch the wire he'll get a
shock .
妈妈告诉孩子，触摸电线会触电。
When asked about the challenges that Chinese companies have encountered during the globalization process, Zhang from ADP said that enterprises face challenges in talent recruitment, culture shock, compliance supervision, localized operations and global management, and salary and welfare.
当被问及中国企业在全球化进程中遇到的挑战时，ADP的张表示，企业在人才招聘、文化冲击、合规监管、本地化运营和全球化管理以及薪酬福利等方面都面临挑战。
The action plan, emphasizing the importance of joint creation with the local ecosystem, was released on the basis that China has risen to become the beauty giant's second-largest market as it averaged 20 percent year-on-year growth in the past two years despite the shock of the COVID-19 pandemic.
该行动计划强调了与当地生态系统共同创造的重要性，其发布的基础是，尽管受到新冠肺炎疫情的冲击，中国在过去两年中平均同比增长20%，已成为这家美容巨头的第二大市场。
The UAE, he said, is keen to overcome the current global shock, especially in pillar sectors including infrastructure development, tourism and aviation industries.
Ultimately, rather than waiting for turbulent times to shock them into action regarding the question of succession, CEOs of Chinese family firms should view comprehensive succession planning as an unavoidable necessity, one that presents both tangible long-term benefits for both their families and companies, and equally appreciable risks if postponed or ignored.
China outperformed other major markets for Boehringer Ingelheim in 2020 as the German pharmaceutical company reported across-the-board revenue growth despite the COVID-19 shock.
Xu noted that the shock from the coronavirus on the global economy was most keenly felt in its disruption of global industry and supply chains as well as international economic exchanges.
A report by BloombergNEF on the outlook for biofuels said after the price shock it has remained resilient since a greater proportion of commercial transport activity has continued throughout the crisis.
This far-reaching high-tech manufacturing revolution is sending shock waves across various industries and applications, including smart living, construction, automobiles, machinery, medical equipment and medical care, personal care and consumer goods.
"Meanwhile, Chinese investors are advised to be prepared to face a culture shock and make an effort to understand local regulations and practices.
Xu said the statements from Williamson and Younger came as "a shock" to the Huawei UK team.
The company's SenseAware service could record and monitor a shipment's temperature, location, light exposure, humidity, shock and barometric pressure with multiple sensors.
Others expressed worries about the potential cultural shock from an influx of workers from outside the community, the Kenosha News reported.
"She said the decrease in the working population and the aging problem would first pose a shock to the job market and then cause a series of social problems, including hampering economic and technological advancement and increasing the burden on the social security system.
Over the past few years, US scholars have increasingly focused on the so-called "China shock "to labor markets, but a closer look at the factors influencing employment reveals a complex interplay between technology, industry evolution and structural issues within the United States.
The emergence of research on the "China shock" theory began in 2013 when David Autor and others published an article in the American Economic Review.
Additionally, the article pointed out that import competition also led to a series of phenomena, including a decrease in per capita wages and labor participation rates, as well as increased payments via government transfers, giving rise to the concept of "China shock".
Technological progress and trade are considered the two most crucial factors of employment, but the existing research on "China shock" rarely discusses the relative magnitude of influence of these two factors.
Most "China shock" studies suggest that in the first 10 years since China's accession to the World Trade Organization, the most severe shock was felt by labor-intensive sectors such as textiles, clothing and furniture that were already experiencing declines in employment due to low levels of workforce education and low investment in research.
Fourth, the fact that the impact of China's trade "shock" to the US is particularly severe is closely related to the latter's industrial structure.
Many scholars from other countries have also studied the impact of "China shock", but their conclusions greatly differ from those in the US.
The so-called "China shock" is more a "US syndrome" caused by a bunch of problems originating from the country's long-term structural issues that US scholars, media and politicians often choose to overlook while exaggerating the negative impact of trade with China.
As a result, their overall income levels may see a similar slump, which translates into a big shock to balance sheets.
That sort of policy shock, during US economic divergence with the rest of the world, could have significant ripple effects.
More proactive fiscal policy and moderately expansionary monetary policy are needed as the external shock of weak global demand and the sharpest US monetary tightening on record has converged with domestic enterprises' damaged balance sheets, he said.
Warning of challenges from a cloudy global outlook, the scarring effects of the COVID-19 shock and the existing structural issues, Guan Tao, global chief economist of BOC International, said it is advisable for the policymakers to step up macroeconomic policy support, including proactive fiscal policies and structural monetary policy tools, to broaden the economic recovery.
Monetary tightening adopted to curb inflation is one cause for economic downturn, while the supply-side shock on the global level is another.
He added that will avoid the supply shock related to global supply, one of the drivers of inflation.
First, the tightening of policies in previous years; second, dried up real estate demand, impacted by slower population growth and urbanization; and third, the unexpected great shock by the COVID-19 pandemic.
In addition, the foundation of domestic economic recovery is not yet solid, while the domestic triple pressures of demand contraction, supply shock and weakening expectations, are still concerns, some analysts warned.
The Small and Medium Enterprises Development Index stood at 88.9 in January this year, up 1 point from the previous month, reversing the downward trend of continuous shock since the beginning of last year.
To this end, after the shock of a pandemic lasting three years, more efforts should be made to help private enterprises and individual and household business owners, which are the major job providers making up 90 percent of the over 100 million registered market entities nationwide.
The swift rebound from the COVID-19 shock wave means that activity in the first half of 2023 will be stronger than Fitch Ratings had forecast.
Another factory in Chongqing providing high-end shock absorption and noise reduction products and solutions for passenger cars, including air springs, also became operational last year, and has delivered more than 60 titles of products and solutions to more than 20 clients so far.
Over the past year, the ministry has rolled out multiple supportive measures to cope with the shock of factors beyond expectations, Jin Zhuanglong, minister of the MIIT, said in an interview with Xinhua.
And seeking solutions itself may create a dilemma, as, if there is no policy to support demand, the supply shock will bring greater downward pressure on demand; if, however, there is policy to support demand, a decline in supply means that inflation will rise, policy will have to tighten and growth will still eventually weaken.
Furthermore, with noneconomic factors affecting the economy more, the operation of the economy — instead of seeing most impact from traditional macro policies such as those of a fiscal and monetary nature — will also see impact from more regulatory measures concerning atypical shock factors.
As the shock time lengthens, the pressure on part of these segments may exceed their ability to endure.
"Beyond the immediate support from a rebound in pent-up demand from the COVID-19 shock, there are also more long-term changes underway that should support cross-border trade in the years ahead --- these include increased regionalism, strength in services trade, innovation, and climate politics," he said.
The industrial chain operates regularly, and the supply shock is relatively muted compared with other countries.
In the first scenario, if the country sees relatively high GDP growth during the period without COVID-19 outbreaks, the economic shock of the pandemic would be limited nationwide and the increase in GDP in April and May in some provinces that remain under lockdown would fall by 3 percent from that in normal circumstances.
In the second scenario, if the country sees stable GDP growth during the period without COVID-19 outbreaks, the economic shock of the pandemic would be fairly significant nationwide, and the increase in GDP in April and May in some provinces that remain under lockdown would fall by 5 percent from that in normal circumstances.
In the third scenario, if the country sees stable GDP growth during the period without COVID-19 outbreaks, the economic shock of the pandemic is fairly severe nationwide, the increase of GDP in April and May in some provinces which remain under lockdown falls 5 percent from that in normal circumstances, and the increase of GDP in the Yangtze River Delta region, excluding Shanghai, drops 5 percent from that in normal circumstances in the second quarter, China's GDP growth may be lower than 2 percent.
After several major shock waves of COVID-19 outbreaks since 2020, China's economy has gradually recovered from the impact brought by the contagion, though recovery in household consumption has been relatively slow.
"Just as the economies of East Asia and the Pacific were recovering from the pandemic-induced shock, the war in Ukraine is weighing on growth momentum," said World Bank Vice President for East Asia and Pacific Manuela V. Ferro.
China's economy is facing triple pressures of shrinking demand, supply shock and weakening expectations.
Tommy Xie, an economist with Singapore-based OCBC Bank, said that China's policy space is currently large enough to cope with such pressures as supply shock and weakening expectations, adding that the policy space is a major advantage for China to keep its economy operating within an appropriate range.
Despite facing multiple pressures from shrinking demand, supply shock and weakening expectations, China's economy enjoys strong resilience with positive fundamentals remaining, Wang Yiming, a senior economist and a member of the 13th National Committee of the CPPCC, said at a recent news conference.
The measures aim to cement the growth momentum of China's industries amid the triple pressure of shrinking demand, supply shock and weakening expectation.
Facing multiple pressures from shrinking demand, supply shock and weakening expectations, the country outlined 18 measures to consolidate industrial recovery, including reducing the social insurance contribution for enterprises, ensuring stable supplies and prices of key raw materials, stepping up new infrastructure construction, attracting foreign investors to advanced manufacturing and revising the catalog of industries in which foreign investment is encouraged.
China has worked hard to offset multiple challenging factors such as the shock from COVID-19, global economic recession and clogged supply chains, to promote joint implementation of the agreement by both sides since the agreement came into effect.
While China is facing multiple pressures from shrinking demand, supply shock and weakening expectations, the National Development and Reform Commission said the country's economy has strong resilience and great potential, and the economic fundamentals will remain strong in the long term.
The modest increase may only be understood as a brief recovery after the shock of the pandemic, YiMagazine reported.
Li Kuiwen, a spokesman with the General Administration of Customs, told a news briefing last week that despite strong momentum last year, China's foreign trade could face more instability as it deals with challenges including dwindling demand, supply shock and weakening expectations.
Ning also warned that China is now facing pressures from shrinking demand, a supply shock and weakening expectations, saying that more efforts should be made to ensure the economy performs within a reasonable range.
Going forward, Ning also warned of a more complicated external environment and uncertainties, saying the domestic economy is facing multiple pressures from shrinking demand, supply shock and weakening expectations.
"Heading into 2022, China is facing multiple pressures from shrinking demand, supply shock and weakening expectations," said Lynda Zhou, equity portfolio manager at Fidelity International.
These events sent shock waves across the country's livestreaming sector, said Ma Kainong, a lawyer at Zhejiang Zeda Law Firm.
He warned that "progress in reaching agreement has been slow, and the risk is that coordination takes too long and high debt payments divert resources from essential services, thus delaying recovery from the pandemic shock".
"China's economy has come through the COVID-19 shock stronger than global peers.
- Amid the pandemic shock, members of the Asia-Pacific Economic Cooperation (APEC) should safeguard the multilateral trading system and strive to build an Asia-Pacific community with a shared future, China's Commerce Minister Wang Wentao said Saturday.
After a short-term shock last year, economic rebound this year can be fast and strong during the initial stage, yet the on-month recovery will gradually slow down, which will also be in line with our predictions.
Also addressing the forum but via video, Kristalina Georgieva, managing director of the International Monetary Fund, called for faster and fairer vaccine rollouts to safeguard recovery from the shock of the virus.
He urged as low-income, developing countries tend to be much more vulnerable in face of the pandemic shock, development banks and other development partners need to work faster to help governments of low income countries to build up strength in healthcare systems.
If a rising old-age dependency ratio is going to be a major economic shock, with each worker having to support more economically inactive population members, it will hit many if not most other major economies as hard.
How to ensure a relatively fair transformation, so as not to bring too much shock to social stability, is also a research topic we should dig into," he said.
However, the pandemic brought reverse shock to the fundamental economic structure and the trend of economic activities, which means we need to think about the way forward.
But shortly after the pandemic hit, the IMF cut its projection to a contraction of 3 percent, predicting it would be the worst economic shock since the 1930s, the report said.
As the world recovers from the COVID-19 shock, China's active engagement in free trade pacts is expected to achieve win-win results for the country and the rest of the world, Zhang said.
"Barring another shock, Chinese GDP growth will easily exceed the low bar of 6 percent," he said.
It's been a tough year for the 8.74 million Chinese young job-seekers, all college graduates desperate to shrug off the impact of the COVID-19 shock.
Economic activities have almost normalized from the COVID-19 shock in China, and are set to further recover with the mass vaccine rollout.
Presiding over a State Council symposium on Jan 21, Premier Li Keqiang said, "Chinese people and market players have shown strong resilience in facing the unforeseen shock brought by the pandemic, and this is a very important fundamental for China's steady economic recovery.
Now, reports that some imported cherries tested positive for traces of the coronavirus in Wuxi, Jiangsu province, have swiftly sent shock waves across Chinese social media, deterring customers and hurting cherry prices.
"This situation of a very persistent fiscal support by the Chinese government seems to be completely appropriate given the nature of the shock," Gaspar said.
Saadia Zahidi, the forum's managing director, told Xinhua that China's faster than expected economic rebound after the COVID-19 shock is a bright spot and could serve as a roadmap for other countries.
Central banks will likely act as "shock absorbers" by keeping rates low and maintaining stimulus.
"With little sign of another COVID wave, the Chinese economy is firmly recovering from the pandemic shock, based on the November 2020 edition of the National Institute of Economic Review," Mao Xuxin, principal economist at the National Institute of Economic and Social Research, a London-based economic thinktank, told Xinhua.
How an economy recovers from an economic shock determines how robust its recovery will be, the newspaper said, adding that the Chinese government's post-pandemic recovery measures are more targeted, and thus unlikely to fuel another credit bubble.
"As the Chinese economy continues to steadily recover from the COVID-19 shock, the authorities remain committed to pursuing prudent policies that will foster sustainable and high-quality growth going forward," Jin Zhongxia, IMF executive director for China, told Xinhua.
"In terms of monetary policy, the People's Bank of China, the central bank, should return to more conventional tools while phasing out window guidance, lending targets, and relending facilities adopted to provide targeted support in the context of the COVID-19 shock, it added.
The shock of the pandemic has reinforced the trend toward digitization and innovation investment in China, and its accelerated impact has been gradually unleashed, with the economy going back to normal, according to the article.
Roach elaborated that when the 2008 subprime crisis swept through the world, China's objective back then was crystal clear from the start: address the source of the shock, itself, rather than the collateral damage the shock caused.
NEW YORK -- The Chinese economy is staging impressive recovery from the COVID-19 pandemic shock, bolstered by the country's effective control of the novel coronavirus, a renowned US economist said.
"The third quarter GDP was encouraging," which does show that "China is on a solid path of economic recovery following the COVID-19 shock in the early months of this year," Stephen Roach, senior fellow at Yale University's Jackson Institute for Global Affairs, told Xinhua in an online video interview Tuesday.
"A shock like a pandemic does not just go away, instead, it takes very rigorous, focused and disciplined public health actions to curtail the spread and bring the disease under control, said the famed Yale scholar.
"The lesson from China is (that) they addressed the shock first of all and that was the principal focus of the government's efforts in the early months of 2020.
And then by containing the shock, they were able to utilize policy tools, fiscal and monetary, to then stimulate the aggregate demand after the shock had been controlled," said Roach.
"The European Union's plan to cut import needs from Russia by two-thirds this year has sent shock waves across the globe.
On Friday, the China Tourism Academy said at an online conference that the tourism market has endured the severe shock brought on by the novel coronavirus epidemic.
COVID-19 brought a great shock to Hong Kong's film industry.
Ye's comment came after the Japanese government announced on Tuesday it will release Fukushima's contaminated radioactive wastewater into the Pacific Ocean in around two years, sending shock waves across the world as experts deem it a potential risk to humanity.
"Our new Big Pilot's Watch Shock Absorber XPL is the first advanced watch that is coming out of our experimental research department," IWC's Chief Executive Officer (CEO) Christoph Grainger-Herr told Xinhua in an interview.
China's recovery is still on its way and the recent holiday "gave a shock to the heart" of the domestic tourism industry, paving the way for the five-day Labor Day holiday that begins on May 1, the paper reported.
Border shutdown only a short-term shock for Chinese firms, say expertsThe COVID-19-related month-long border shutdown in Chile, a major producer of metals, is unlikely to crimp raw material supplies for Chinese companies and will have a mild impact on the country's inflation risks, experts said on Thursday.
This short-term shock has nevertheless catalyzed the recent price surge, indicating that global demand for the metals is still strong," Yeung said.
Romantic comedy "Warm Hug" and crime thriller "Shock Wave 2," both domestic productions, accounted for around 20 percent and 18 percent of the box office total from Jan 1 to 26, respectively.
Coming in second was the crime thriller hit Shock Wave 2, which generated 21.26 million yuan on Saturday.
To reduce the shock brought by cultural differences and better promote Chinese IP internationally, Yang said, iQiyi has adopted a new cooperation model with its overseas partners in producing Deer Squad — an animation series produced by iQiyi and supervised by Nickelodeon that was released this summer.
China's rail freight transport volume, an indicator of broad economic activity, reached 2 billion tons in the first seven months of this year, rising 4.3 percent year-on-year, a sign that it is recovering from the shock of the COVID-19 epidemic.
China's rail freight transport volume, an indicator of broad economic activity, rose 3.6 percent year-on-year in the first half of the year, a sign of recovery from the COVID-19 shock, official data showed Saturday.