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一个新兴市场从白手开始起家。
A new market had sprung up out of nothing.
youdao
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——双方都是全球重要的新兴市场。
Both are important emerging markets in the world.
youdao
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这家公司现在正在进入新兴市场。
The company is now entering new markets.
youdao
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几个大型新兴市场的排名也较低。
Several of the large emerging markets also have a low rank.
youdao
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但是，新兴市场的债务怎么办？
But what about emerging-market debt?
youdao
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当然，新兴市场也充满了风险。
There are still plenty of risks in emerging markets, of course.
youdao
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这些新兴市场银行能变得多大呢？
Just how big could such emerging-market Banks get?
youdao
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他们通常也能更快地进入到新兴市场。
They often gain speedier access to emerging markets too.
youdao
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所有市场中，什么是最大的新兴市场？
What's the biggest emerging market of them all?
youdao
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感受到这种压力的并非只有新兴市场。
It is not just emerging markets that are feeling the pinch.
youdao
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新兴市场的竞争将愈发激烈。
Competition in emerging markets will grow.
youdao
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第二点原因在于新兴市场的庞大规模。
The second factor is the sheer size of the emerging markets.
youdao
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让我们稍微想想这个庞大的新兴市场。
Instead, let's think about the big emerging markets for a moment.
youdao
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这一新兴市场相当广阔，引发了巨变。
That new, much bigger market has led to big changes.
youdao
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新兴市场下一步将会传到哪？
Where could emerging-market contagion spread next?
youdao
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投资者还有一线巨大的希望：新兴市场。
There is still one great hope left for investors: emerging markets.
youdao
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新兴市场的资产风险太大。
And, emerging market assets are risky.
youdao
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公司还大力进军新兴市场。
The firm has also made a big push into emerging markets.
youdao
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尽管如此，新兴市场银行仍将缺少资本。
Even so, emerging-market Banks will still be short of capital.
youdao
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有几条异议是特别针对新兴市场范式的。
And there are several objections to a new emerging-market paradigm in particular.
youdao
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另一个新兴市场是土耳其。
Another emerging economy to watch is Turkey's.
youdao
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大多数和新兴市场无关。
Most of it had nothing to do with emerging markets.
youdao
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新兴市场股票的表现也是具有启发意义的。
The performance of emerging-market equities has also been instructive.
youdao
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我认为新兴市场已经对此思考了一段时间了。
Emerging markets I think have thought this for some time.
youdao
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它更大的目标是在新兴市场树立自己的形象。
Its wider aim is to raise its profile in emerging markets.
youdao
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这是新兴市场中的新兴中产阶级娱乐的场景。
This is the emerging markets' new middle class at play.
youdao
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我们更喜欢新兴市场。
We like this new marketplace much better.
youdao
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新兴市场的银行并不会统治世界。
Emerging-market Banks are not about to take over the world.
youdao
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新兴市场的银行并不会统治世界。
Emerging-market Banks are not about to take over the world.
youdao