欧元区经济正在陷入衰退,有相当大的下行风险,至少会陷入一两个季度的中度衰退。美国消费水平恢复、企业投资保持良好水平,预计将在2012年进一步走强。刚刚结束的这一年,世界经济饱受挑战——美国经济大幅放缓,日本遭受破坏性地震,欧洲的主权债务危机恶化。尽管出现了这些经济巨变,新兴市场仍然保持强劲增长,这 The eurozone economy is in a recession with considerable downside risks, at least for a moderate decline in one or two quarters. U.S. consumer spending is recovering and corporate investment is maintaining a good level and is expected to strengthen further in 2012. In the year just ended, the world economy was challenged - the U.S. economy slowed sharply, Japan suffered a devastating earthquake and the European sovereign debt crisis worsened. Despite these economic changes, emerging markets still maintain strong growth, which