With the major emerging countries, particularly China and India, already in trouble, Asia can expect to be hit hard if the euro sinks. Before that happens, governments must seize the policy initiative, thereby strengthening global financial markets’ confidence in Asia’s ability to withstand the ill wind from the West.
主要新兴国家，特别是中国和印度，仍陷于麻烦之中，在这样的情况下，欧元崩溃可能会对亚洲造成严重影响。在这一幕发生之前，各国政府必须抓住政策主动权，从而强化全球金融市场对亚洲抵御西方灾难的能力的信心。