China's rise, Japan's reemergence, India's revival, and, of course, America's rebalance- these dynamics are real, and they converge squarely in Southeast Asia.
However, the rebalancing of the tanker market requires further affirmative action in reducing primarily older tonnage, restraint from contracting and a supportive oil price structure.
Our problem could never be German competitiveness but whether Germany, the EU's economic powerhouse, could do more to help the rebalancing of the EU economy.”.
失衡现象涉及周期、结构和机构等综合因素,这点意味到仅仅调整汇率可能无法实现必要程度的再平衡。
The imbalances involve a confluence of cyclical, structural and institutional factors. This implies that a realignment of exchange rates is unlikely to be sufficient to achieve the necessary degree of rebalancing.
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