2023届高考英语三轮复习·冲刺押题
外刊阅读理解训练10
——改编自Gold optimizes reserves portfolio
【文章】
China's central bank has purchased almost 25 metric tons of gold in February, marking the fourth consecutive month of increase in its purchases. According to experts, this move is crucial as it will help optimize the country's international reserves portfolio.
As one of the world's leading economies, China currently holds the seventh-largest gold reserve globally. By the end of February, the country's total gold reserves rose to about 2,050.34 tons, accounting for approximately 3.7 percent of the global total. Contrarily, the US and Germany hold more significant amounts of gold as they have 8,133.5 tons and 3,355.1 tons respectively.
With gold being widely considered as a safe-haven asset, central banks tend to prefer gold as it is expected to hold its value through difficult economic times. Unlike other types of currencies, gold does not rely on any issuer or government and can be held in physical form for prolonged periods.
Moreover, gold helps central banks to diversify their assets away from those dependent on the US dollar, such as US Treasury bonds. Given that the US dollar has shown some weakened signs recently, it appears evident that gold will remain an excellent hedge option against the potential decline in the greenback.
In conclusion, China's recent purchase of gold is an attempt by the central bank to diversify its reserve portfolio and manage its risks better. Experts see this move as significant and emphasize the importance of countries strengthening their reserve allocations by including gold and other safe-haven assets for economic stability and balance.
【重点词汇&词组】
increase - [ɪnˈkriːs] - v. 增加,提高
optimize - [ˈɒptɪmaɪz] - v. 优化
country - [ˈkʌntri] - n. 国家,乡村
international reserves - [ˌɪntəˈnæʃnəl rɪˈzɜːrvz] - phr. 国际储备金
portfolio - [pɔːtˈfəʊliəʊ] - n. 投资组合
world's leading economies - [wɜːldz liːdɪŋ iːˈkɒnəmi] - phr. 世界领先经济体
seventh-largest - [ˈsevnθ ˈleɪdʒɪst] - adj. 第七大的
reserve - [rɪˈzɜːv] - n. 储备金,储备物
globally - [ˈɡləʊbəli] - adv. 全球范围内
total - [ˈtəʊtl] - n. 总量,总数
percent - [pəˈsent] - n. 百分之
us - [juːˈes] - adj. 我们的
germany - [ˈdʒɜːməni] - n. 德国
significant amounts - [sɪɡˈnɪfɪkənt əˈmaʊnts] - phr. 大量的
considered - [kənˈsɪdəd] - v. 被认为,被视为
safe-haven asset - [seɪf ˈheɪvn ˈæset] - phr. 避险资产
central banks - [ˈsentrəl bæŋks] - n. 中央银行
prefer - [prɪˈfɜːr] - v. 偏爱,更喜欢
expected - [ɪkˈspektɪd] - adj. 预期的
difficult economic times - [ˈdɪfɪkəlt iːkəˈnɒmɪk taɪmz] - phr. 经济困难时期
currencies - [ˈkʌrənsiz] - n. 货币
rely - [rɪˈlaɪ] - v. 依赖,依靠
issuer - [ˈɪʃuə(r)] - n. 发行人
government - [ˈɡʌvənmənt] - n. 政府
physical form - [ˈfɪzɪkl fɔːm] - phr. 实物形式
prolonged periods - [prəˈlɒŋd pɪriədz] - phr. 长时间
diversify - [daɪˈvɜːsɪfaɪ] - v. 多元化,使多样化
assets - [ˈæsets] - n. 资产
dependent on - [dɪˈpendənt ɒn] - phr. 依赖于
us dollar - [juː es ˈdɒlə(r)] - phr. 美元
weakened signs - [ˈwiːkənd saɪnz] - phr. 衰退迹象
evident - [ˈevɪdənt] - adj. 明显的
remain - [rɪˈmeɪn] - v. 保持,仍然是
excellent - [ˈeksələnt] - adj. 极好的,优秀的
hedge option - [hedʒ ˈɒpʃən] - phr. 避险选择
potential decline - [pəˈtenʃəl dɪˈklaɪn] - phr. 潜在的下降
attempt - [əˈtempt] - n. 尝试,企图
diversification - [daɪˌvɜːsɪfɪˈkeɪʃən] - n. 多元化,多样化
manage - [ˈmænɪdʒ] - v. 管理,处理
risks - [rɪsks] - n. 风险
better - [ˈbetə(r)] - adv. 更好的
see - [siː] - v. 看到,认为
emphasize - [ˈemfəsaɪz] - v. 强调
importance - [ɪmˈpɔːtəns] - n. 重要性
countries - [ˈkʌntriz] - n. 国家
strengthening - [ˈstreŋθənɪŋ] - n. 加强
allocations - [ˌæləʊˈkeɪʃənz] - n. 分配,配置
including - [ɪnˈkluːdɪŋ] - prep. 包括
safe-haven assets - [seɪf ˈheɪvn ˈæsets] - phr. 避险资产
economic stability - [iːkəˈnɒmɪk stəˈbɪləti] - phr. 经济稳定
balance - [ˈbæləns] - n. 平衡,均衡
【阅读理解习题】
1. Why did the Chinese central bank purchase almost 25 metric tons of gold in February?
A. To decrease the value of its international reserves portfolio.
B. To diversify the country's reserve portfolio and manage risks better.
C. To exploit the vulnerability of other currencies when the US dollar weakens.
D. To increase China's total gold reserves to become the leading economy globally.
Answer: B
解析:根据第一段“ According to experts, this move is crucial as it will help optimize the country's international reserves portfolio.”和最后一段“In conclusion, China's recent purchase of gold is an attempt by the central bank to diversify its reserve portfolio and manage its risks better.”可知,中国央行此次购买黄金的原因是为了实现更好的储备资产配置和风险管理。
2. How significant is China's gold reserve among countries globally?
A. It is the seventh largest globally.
B. It greatly outweighs the reserves held by the US.
C. It accounts for approximately 50 percent of the global total.
D. It has shown a significant decline in recent years.
Answer: A
解析:根据第二段"As one of the world's leading economies, China currently holds the seventh-largest gold reserve globally." 可知,中国的金储备在全球范围内排名第七。
3. What is the advantage of gold compared to other types of currencies during economic downturns?
A. Gold does not rely on any issuer or government.
B. Gold can only be held in physical form.
C. Gold is always in abundant supply.
D. Gold is always priced higher than other currencies.
Answer: A
解析:根据第三段第二句话"Unlike other types of currencies, gold does not rely on any issuer or government and can be held in physical form for prolonged periods." 可知,与其他货币相比,在经济困境期间,黄金不依赖于任何发行人或政府,可以长期以实物形式持有,这是它的优势。
4. Why do central banks prefer gold as an asset?
A. Gold is highly dependent on the US dollar.
B. Gold is closely connected to the governments that issue it.
C. Gold tends to hold its value during difficul