Eric saw the driver
slump over the wheel.
埃里克看见司机一头栽在了方向盘上。
Mary
slumped to her knees.
玛丽扑通一声跪在地上。
The economy is in the midst of a deep
slump.
经济正深陷衰退之中。
He's been
slumping in his grades lately.
他最近的成绩有所下滑。
The stock market experienced a sudden
slump after the bank's collapse.
银行倒闭后,股市突然大幅下跌。
She was feeling a post-lunch energy
slump and decided to take a quick nap.
她感到午后精力低落,决定小憩一会儿。
The sales figures for this quarter have
slumped significantly.
本季度的销售数字大幅下滑。
His confidence took a hit after the
slump in his performance.
由于表现下滑,他的自信心受到了打击。
The company's profits have
slumped due to increased competition.
由于竞争加剧,公司的利润下降了。
The once-thriving industry has been in a
slump for years.
曾经繁荣的行业已经低迷了好几年。
The team was in a mid-season
slump, losing game after game.
这支球队在赛季中期陷入了连败的困境。
After the
slump, she found new motivation to work harder and turn things around.
在经历了低谷之后,她找到了新的动力去更努力工作,以扭转局面。
The slump was partly due to investor sentiment that the EV business may need heavy investment, experts said.
专家表示,经济下滑的部分原因是投资者认为电动汽车业务可能需要大量投资。
The comments came as major smartphone makers are ramping up efforts to expand their presence in the burgeoning foldables segment, in an effort to revive the larger smartphone market that has been mired in a sales slump amid the COVID-19 pandemic.
在发表上述言论之际,主要智能手机制造商正在加紧努力,扩大其在蓬勃发展的可折叠手机领域的业务,以重振在新冠肺炎疫情期间陷入销售低迷的更大智能手机市场。
"The Central Economic Work Conference in December said the economy is faced with the threefold pressures of contracting demand, supply slump and weakening expectations.
“12月的中央经济工作会议表示,经济面临需求收缩、供应下滑和预期减弱的三重压力。
China Evergrande attributed the profit slump to the falling property sales price as well as rising cost.
中国恒大将利润暴跌归咎于房地产销售价格下跌以及成本上升。
The slump came after the United States restrictions on Huawei cut its access to crucial technical components for its mobile phone business.
这一困境发生在美国对华为的限制切断了其手机业务的关键技术组件供应之后。
This showcases the two channels' resilience in combating the outbreak and bouncing back from the slump, said Wen.
这表明这两个频道在应对疫情和从低谷反弹方面表现出韧性,温说。
China's total imports and exports of goods expanded 1.9 percent year-on-year to 32.16 trillion yuan (about $4.94 trillion) last year, hitting a record high despite a worldwide slump in shipments.
去年,中国货物贸易进出口总值达到32.16万亿元人民币(约4.94万亿美元),同比增长1.9%,创历史新高,尽管全球发货量出现下滑。
The China Gold Association also said gold purchases have gradually recovered, due to the country's effective COVID-19 epidemic controls and economic recovery, after the country witnessed a 48.2 percent slump in the first quarter of 2020.
中国黄金协会还表示,由于中国有效控制了新冠疫情并实现了经济复苏,黄金购买量已逐渐恢复。2020年第一季度,中国的黄金购买量曾锐减48.2%。
As the country's economy continues to bounce back from the COVID-19 slump, ad spending by businesses have also picked up.
随着国家经济从COVID-19冲击中持续复苏,企业广告支出也有所增加。
The company attributed the upsurge of net profit, despite the dual impacts of plummeting oil prices and a demand slump amid the COVID-19 outbreak, to effective cost control and high-quality development.
该公司表示,尽管受到油价暴跌和COVID-19疫情导致的需求疲软的双重影响,但其净利润仍实现增长,这主要得益于有效的成本控制和高质量发展。
Despite the slump in dine-in services, the company's revenue from takeaway food business rose 124 percent year on year in H1, accounting for 4.2 percent of the total revenue, according to the report.
The company cited the plummeting oil price and demand slump amid the COVID-19 outbreak for the drop in revenue.
"A years-long slump in the global smartphone market -- as a lack of innovation leads people to hang on to their old models longer -- has thinned the ranks of sellers, and the coronavirus pandemic has further damped demand.
The slump was led by a 20-percent fall in advertising revenue to $310 million, primarily due the adverse effect of the coronavirus epidemic on the overall advertising demand, Sina said.
According to data from China Union Pay, the number of Webbased transactions rose by 46.8 percent during the peak period of the outbreak from Jan 24-30, indicating resilience against the overall consumption slump.
Chinese aviation data and solution provider AirSavvi said that although the ARJ21 accounted for just 1 percent of the global regional flights between April 1 and April 20, the aircraft maintained stable flights vis-a-vis other comparable aircraft, which experienced a slump of 60 percent to 80 percent.
A marquee name like Alibaba's could draw investors and boost trading liquidity for Hong Kong Exchanges & Clearing Ltd, which just incurred its biggest profit slump in more than three years.
"There are many challenges that the company faces like weak oil prices, uncertainties from the global oil market and the problem of overcapacity that China's chemical industry has been facing, which are the possible reasons for the slump in its net profit," Lin added.
Baoshan Iron and Steel Co Ltd saw its net profit slump 45.7 percent year-on-year in the first quarter of 2019 amid falling profit margins.
Despite the stock market slump and economic uncertainties, China is still home to the largest number of dollar billionaires and contributed the most new faces to the Hurun Global Rich List unveiled on Tuesday.
Chinese entrepreneurs have faced difficulties for their businesses over the past 12 months given the slump of the A-share market and the 6 percent drop in the Chinese yuan against the US dollar.
Analysts and investors have been increasingly bearish on Apple stock amid its worst slump in more than a decade.
Companies related to the internet industry have seen the biggest slump.
XCMG converted the slump into an opportunity to review its weaknesses and come up with corresponding solutions.
According to ForwardKeys, a global travel intelligence analyst, Chinese weekly bookings to the US from late March to August suffered an 8.4-percent slump on year as of August, likely due to the ongoing trade tensions between China and the US.
During the summer, JLR suffered its first pre-tax loss in three years after a slump in Chinese sales.
Moutai rivals Wuliangye Yibin Co Ltd and Gujing Group, among others, saw their shares slump by the daily limit of 10 percent.
Chinese genomics giant BGI, known as the Beijing Genomics Institute previously, announced on Tuesday that seven of its executives have decided to increase their equity holdings in the company, after a two-day stock slump triggered by a series of reports attacking its credibility.
Industry experts said under pressure from both internal and external factors, the continued slump in the stock market would affect the CDR offering.
Seeing a strong recovery in the worldwide cargo aircraft market following a prolonged slump, Boeing has planned to expand by 20 percent the production for its 767 freighter jet in 2020.
鉴于全球货运飞机市场在经历长期低迷后出现强劲复苏,波音公司计划在2020年将其767货机的产量提高20%。
Chinese mergers and acquisitions (M&As) in ASEAN countries soared in 2017 despite a slump in overall outbound investment, thanks largely to the Belt and Road Initiative (BRI), according to a report.
For the Hong Kong market, after seeing rapid growth between 2013 and 2015, Pandora experienced a correction in 2016 — one of the toughest years for the city's retail industry on record amid a global economic downturn and a sharp slump in tourist arrivals.
House of Fraser announced it would cut the number of its high street shops by a third in an effort to reduce its rent bill following the slump in holiday sales.
Shen Meng, director of boutique investment bank Chanson & Co, said a slump in Leshi's share prices has definitely been settled since the company resumed trading on the Shenzhen Stock Exchange.
The overhaul came after CRRC saw a slump in freight-car sales, reflecting weaker demand for railway cargo transportation both at home and in overseas markets.
Last year, sales of platinum goods fell 8 percent in more than 8,000 jewelry stores run by 58 retailers across China due to a price slump, a Xinhuanet.
Rowe's efforts to simplify ranges and cut prices on basic lines are helping stem a five-year slump in sales, while M&S is planning to open 80 Simply Food stores.
While high-tech sectors saw buoyant investment growth of 10.3 percent year-on-year last year, the country's total fixed-asset investment expanded by 3 percent, dragged down by the 9.6 percent slump in real estate development investment, the NBS said.
Despite the persistent challenges posed by a slump in the property sector and its impact on domestic demand, experts said they expect a notable economic upswing in China in 2024, fueled by a gradual recovery in services consumption and investment.
The slump in the property sector continued to linger, while sentiment on the stock market appeared to be lukewarm, with the Shanghai Composite Index ending last year's trading below the key 3,000-point benchmark.
China's retail sales, a gauge of consumption, have rebounded since August and rose by 10.1 percent year-on-year in November, while investment lagged behind as total fixed-asset investment expanded by 2.9 percent year-on-year in the first 11 months of 2023 due to a slump in real estate development, according to the NBS.
Despite facing challenges like a property market slump and risks associated with local government debts, Zhu Guangyao, the former vice-minister of finance, said China's economy will likely expand by around 5 percent next year, given its potential growth rate standing at 5 percent to 6 percent.
Looking to the future, despite the likelihood of the property slump continuing to be a drag on the economy, analysts said that China's economy is likely to perform better in 2024 with a gradual recovery in domestic demand and consumption and an improvement in external financial conditions.
Food prices decreased 4 percent year-on-year in October as the slump in pork prices widened from 22 percent in September to 30.1 percent, which dragged the CPI down by 0.55 percentage points.
Trade: Export structure of nation said to be improvingChina's foreign trade registered year-on-year growth in October, after a continuously narrowing slump since July, adding to the recent signs of a gradual stabilization in the world's second-largest economy thanks to a slew of supportive policy measures, officials and analysts said.
Zhou Maohua, an analyst at China Everbright Bank, said the decline in the manufacturing PMI shows recovery in domestic demand is still tepid, affected by seasonal factors as well as the housing market slump.
In contrast, despite a slump of more than 10 percent in the Japanese yen's value vis-a-vis the US dollar this year, neighboring Japan saw its capital market expand robustly, with its benchmark index surging by more than 20 percent so far this year.
As a result, their overall income levels may see a similar slump, which translates into a big shock to balance sheets.
Warning of a range of challenges dragging on China's growth outlook, such as disinflationary pressures, the real estate slump and slowing external demand, they called for immediate stepping up of countercyclical adjustments to boost market confidence and consolidate the recovery trend.
The year-on-year slump in China's exports for three consecutive months since May can be attributed to sagging global trade demand amid central banks raising interest rates to curb inflation by reining in business and consumer activity, said Zhang Jingjing, chief macroeconomic analyst for China Merchants Securities.
Analysts said the measures are part of a package of steps to boost support for the private sector, which is key to reviving China's recovery amid pressures from the real estate slump and weakening external demand.
Although the broader economy is facing pressures from the still-weak demand, a complicated external environment and a real estate slump, economists believe that China is still on track to reach its annual growth target of around 5 percent, given the steady rebound in domestic demand and the steps taken to shore up the economy in the second half of the year.
The rapid slump of the PMI for three consecutive months, as well as an overall downturn in subsector readings, is sending an explicit message that the momentum of economic growth is waning in the short term.
At present, the country's property sector has begun to emerge from a protracted slump, supported by wide-ranging policies, it said.
"Despite a global slump, China's economy is forging ahead at a decent pace as new drivers of economic growth have emerged," said Zhu Min, vice-chairman of the China Center for International Economic Exchanges, at the Boao Forum for Asia's annual conference on Wednesday.
The world's billionaires with a personal wealth of at least $1 billion reported the biggest slump in record last year, with the total number down by 8 percent to come at 3,112, according to the Hurun Global Rich List 2023 released on Thursday, which has come to the 12th edition this year.
Thanks to effective virus control and timely pro-growth policies, China's economy has quickly emerged from the epidemic-induced slump and consolidated its recovery momentum for a brighter outlook.
得益于有效的病毒防控措施和及时的促增长政策,中国经济已迅速从疫情引发的衰退中复苏,并巩固了其恢复势头,展现出更加光明的发展前景。
However, the growth of manufacturing investment has fallen from a high level, and real estate investment has continued a downtrend, with a slump of 5.4 percent during the period.
Profits earned by China's industrial firms contracted at a slower pace in May as COVID-19 outbreaks eased off and work and production resumed gradually, improving from its biggest slump in April since March 2020, according to data from the National Bureau of Statistics on Monday.
Following Thursday's slump in US equities, China's stock market ended lower on Friday with the benchmark Shanghai Composite Index dropping 2.16 percent to close at 3,001.56 points.
She explained that manufacturing businesses are also more likely to generate VAT credits that can be refunded later, adding that as the sector is also facing the three-fold pressure of shrinking demand, a supply slump and weakening expectations, the move is timely and will greatly relieve liquidity burdens.
- After the pandemic-related slump of Chinese company investments in Europe in 2020, the number of transactions rose again and reached 155 in 2021, according to a study published by consulting firm Ernst & Young (EY) Germany on Tuesday.
"The central government has introduced forceful measures to meet the needs of micro, small and medium-sized businesses for financing, particularly over the past weeks and months, when the economy is faced with three-fold pressure of contracting demand, a supply slump and weakening market expectations, which weighs on small businesses' recovery.
COVID-19 has brought challenges to the US economy, such as a slump in GDP growth and rise in unemployment.
The world's second-biggest economy has staged an impressive rebound from the pandemic-induced slump.
Trend-bucking FDI growthWhile the global economy and trade have been interrupted by the pandemic, China has defied the trend of a global investment slump to post stellar growth.
"Thanks to Beijing's efforts in largely containing the pandemic earlier than its trading partners, the world's biggest exporter has managed a solid economic revival from the coronavirus-induced slump in the first few months of 2020," Reuters said, adding the global easing of COVID-19 lockdown measures and vaccination drives appeared to underpin a strong uptick in worldwide demand for Chinese goods.
A report jointly released by KPMG China and the Moodie Davitt Report in May said the enhanced shopping policy in July 2020 gave tremendous impetus to brands as other duty-free markets fell into a deep pandemic-driven slump.
For example, it could prompt central banks to tighten liquidity that will cause a slump in asset prices, squeeze company profits, increase family burdens and threaten incipient global recovery.
例如,这可能会促使中央银行收紧流动性,从而导致资产价格下跌,挤压公司利润,增加家庭负担,并威胁到初步显现的全球复苏态势。
In a report from Reuters last Friday, China's economic recovery quickened sharply in the first quarter from last year's deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms.
Britain, the former EU member state, saw a remarkable slump in trade with the EU in January, as it formally broke up with the bloc after a transition period, thus the trade in goods between them is now subject to customs.
- China's economy has made a rapid bounce back from the pandemic slump, with key data surging dramatically at the start of this year, the BBC said on Monday.
In 2020, China emerged from the epidemic-induced slump with a 2.3-percent GDP growth, making it the world's only major economy to attain positive growth.
Statistically, a sharp increase in Q1 GDP growth is normal, considering an epidemic-induced slump of 6.8 percent during the same period last year, said Sun.
Yan underscored the necessity of sustaining supportive measures this year, as some micro, small and medium-sized enterprises have just managed to navigate the COVID-19 slump and still need some time to recover.
The country registered a fourth quarter GDP expansion of 6.5 percent, a sharp contrast with a 6.8 percent slump in the first quarter and up from 4.9 percent growth in the third quarter year-on-year.
Against the backdrop of a slump in traditional services trade like tourism, the faster expansion of trade in knowledge-intensive services took place thanks to various measures China has adopted to boost the opening-up of the sector, said Li Jun, a researcher with the MOC-affiliated Chinese Academy of International Trade and Economic Cooperation.
The study was issued as China's official data showed earlier in day that the country's total goods imports and exports expanded 1.9 percent year-on-year to 32.16 trillion yuan ($5 trillion) in 2020, hitting a record high despite a worldwide slump in shipments.
The country's GDP expanded 4.9 percent year-on-year in the third quarter of 2020, reversing from a 6.8 percent slump in the first quarter and up from 3.2 percent growth in the second quarter.
China's GDP expanded 4.9 percent year-on-year in the third quarter of 2020, up from 3.2 percent growth in the second quarter and a 6.8 percent slump in the first quarter.
The downside was sharp, sudden and scary that saw the S&P 500 slump nearly 34 percent in only 23 trading sessions, also its fastest-ever dip into a bear market.
Early this year, the slump in new orders and disruption to the supply chain caused by the COVID-19 epidemic hit the manufacturing sector in Jiangsu hard and led to a slump in industrial power consumption.
As estimated by the United Nations Conference on Trade and Development, global foreign capital investment will slump by up to 40 percent this year.
China's faster rebound is a rare positive for a global economy still clawing its way out of its worst slump since the Great Depression.
In the first three quarters, China's GDP expanded 0.7 percent year-on-year, returning to growth after a 1.6 percent contraction in the first half of the year and a 6.8 percent slump in Q1.
In the first three quarters, the country's GDP expanded 0.7 percent year-on-year, returning to growth after the 1.6-percent contraction in the first half of the year and the 6.8-percent slump in Q1, the data showed.
Technology companies saw their prices slump more significantly as the United States has announced its intention to restrict computer chip exports.
WTO said "world trade shows signs of bouncing back from a deep, COVID-19 induced slump," but cautioned that "any recovery could be disrupted by the ongoing pandemic effects.
"World trade shows signs of bouncing back from a deep, COVID-19 induced slump," explained WTO economists in a press release, adding that "strong trade performance in June and July have brought some signs of optimism for overall trade growth in 2020.
The profit slump, said Sun Xiao, an NBS statistician, has narrowed for three consecutive months, indicating "steady recovery" in corporate earnings, especially for manufacturers — a subcategory within industrial firms — whose profit decline narrowed by 7.4 percentage points from April.
World Cup, other soccer events drawing Chinese handset sponsorsChinese smartphone companies are tapping into the zeal for soccer to better resonate with global consumers, as they step up their push to explore overseas markets in efforts to revive the smartphone sector that has been mired in a sales slump amid the COVID-19 pandemic.
Given the slump in the traditional wood board processing industry, several wood processing companies in Caoxian have turned to expanding their sales to Japan with casket production.
New construction area will fall 20 percent, narrowing from the current level of a 30 percent slump.
Factors including insufficient market confidence, a growing wait-and-see attitude, and the impact of COVID-19 to weaken home-buying demand contributed to the sales slump, according to Ding.
Chinese realty developers are coming up with unusual promotional campaigns to revive home sales and mitigate pressure from excess housing inventory amid a market slump.
Chinese chain hotels bucked trends and continued to expand, while the overall hospitality industry reported a slump in 2021 due to COVID-19, according to the 2022 China Hospitality Development Report.
In response to the slump, smartphone brands such as Oppo, Vivo and Xiaomi are reported to be lowering their annual sales targets.
China's total imports and exports of goods expanded 1.9 percent year-on-year to a record 32.16 trillion yuan ($4.77 trillion) last year, despite a worldwide slump in shipments due to the pandemic.
Despite a slump in footfall, both Meituan and Eleme, two leading food delivery service providers, reported a steep rise in takeout orders during the holiday.
Central China's Henan province saw the sharpest slump of 60.6 percent, followed by the provinces of Anhui and Jiangxi.