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English to Chinese: emerging markets General field: Bus/Financial Detailed field: Finance (general)
Source text - English Emerging markets (EM) are playing an ever-larger role in the world economy in terms of economic growth and global capital flows. As a consequence, global firms — regardless of where they are based — are increasingly exposed to EM risks. Historically, EM was considered a high-risk environment, but EM market risk dynamics have changed significantly in recent years.
After decades of long-term currency depreciations and frequent currency crises, the past three years have shown an appreciation of leading EM currencies against the US dollar (USD) and a stabilization of their volatilities (now on par with the volatility of USD-Euro and USD-Yen).
Local debt capital markets in the leading EM countries have grown substantially, and the market for interest rate, currency, and equity derivatives is rapidly developing beyond simple short-tenor forwards to longer-tenor derivative structures. As a result, EM firms are now better positioned to diversify their funding sources and to manage their foreign exchange (FX) and interest rate exposures.
While commodity exporting EM countries (oil exporters in particular) have benefited from rising commodity prices, firms throughout EM have been negatively affected on the cost side.
To fully capture the EM growth opportunity, companies must employ a risk management strategy that takes into account these new EM market dynamics. Investors reward firms for managing volatility — we find that a 10% reduction in earnings volatility is associated with a 2.9 % increase in market-to-book valuation premium among EM firms.
Translation - Chinese 新兴市场在经济增长和全球资本流动方面对世界经济发挥着日益重要的作用。因此，跨国公司面临着不断加剧的新兴市场风险，不论它们的总部设在哪里。从历史上来看，新兴市场曾是个高风险的环境，然而近年来新兴市场的风险动力却发生了巨变。
English to Chinese: settlement agreement General field: Law/Patents Detailed field: Law: Contract(s)
Source text - English PLAINTIFFS hereby release and forever discharge DEFENDANTS and all of their principals, managers, employees, spouses, representatives, executors, administrators, agents, co-owners, contractors, attorneys, assigns, and insurers (collectively “Releasees”) from all claims, rights, demands, harm and damages of any kind, known or unknown, existing or arising in the future, resulting from or related to all injuries, harm, damages, causes of action, costs, and attorney’s fees directly or indirectly arising out of PLAINTIFFS’ residential occupancy or tenancy at the PROPERTY in which PLAINTIFFS have alleged to have sustained injury, harm, and damage including, without limitation, certain personal, economic and non-economic injuries, including but not limited to any alleged violations of the San Francisco Residential Rent Stabilization and Arbitration Ordinance, and any rights to re-occupy the PROPERTY and those matters more particularly described in the pleadings and papers on file in the CASE.
Translation - Chinese 原告方特此永久解除对于被告方及其所有负责人、管理人员、雇员、配偶、代表、执行人、行政人员、代理人、共同所有人、合同方、律师、受让人与保险人（合称“免责人”）的一切索赔、权利、要求、和任何形式的伤害赔偿。不论这些索偿已知或未知、既已发生或将会发生、源于或有关于直接或间接出自因原告方租住和占用该物业而产生的伤害、损害、损失、诉因、费用和律师报酬。原告方声称在该物业内受到了伤害、损害和损失，包括但不限于某些人身伤害、经济或非经济损害。这些损害包括但不限于对旧金山居住租房稳定与仲裁条例的违反。原告方同时解除任何重新占有该物业的权利，以及本案所提交的诉讼文件中所描述的特定事项。
Chinese to English: 网络用工关系认定 General field: Law/Patents Detailed field: Journalism
Translation - English Verification of Online Employment Relationship Requires Substantive Review
Introduction: “As Internet innovation is a trend in the new era, the law should not be rigid. While the law encourages the development of productivity, it shall not sacrifice workers’ rights and interests. The court shall adhere to the standards of substantive review in treating this type of employment relationship.”
Despite the fact that in-home services booked via apps have brought consumers immense convenience, workers involved in these services are confronted with an “identity” issue – are they employees or independent contractors of the online booking platforms?
The correspondent learned today that the People’s Court of Beijing Chaoyang District has tried and wound up China’s first judicial case involving labor disputes related to online employment. Seven private chefs who contracted with an app named “Good Chef” were ultimately found to be employees of the platform and awarded compensation in accordance with the law.
English to Chinese: overview of a tour company General field: Marketing Detailed field: Tourism & Travel
Source text - English We at xxx Sightseeing are highly innovative relative to our competitors. Always looking to sharpen the quality of our experience, we aim to be engaging and create quality content for our users.
We offer unique experiences to travelers. Whether you want adventure, convenience, or romance - we allow you to explore the places that help to define the legacy of New York City. We are a team who loves this city deeply, and we want to help you discover the wonder of New York and share it with your loved ones.
We’re actively developing new and engaging content to make the consumer experience more memorable - and not just for English speakers. Having served millions of customers over the years, it’s crucial that we maintain a commitment to our international travelers, which is why we offer a variety of languages on our tours. We aim to harness a global community of those who want to love and appreciate New York City.
Translation - Chinese xxx在创新方面是行业的佼佼者。我们向来注重优化服务质量，因此我们努力提高吸引力，为游客创造品质内容。