When the top economic officials from the world’s 20 leading nations gather in Sydney this weekend, they will be spared the sense of crisis that has loomed over the most recent G20 meetings. The global economy is humming along, driven by China and by the incipient recovery of parts of the rich world, most notably Britain, the US and Japan. Turmoil in the eurozone has receded, with bond yields in peripheral countries finally back near pre-crisis levels. Even the jitters across emerging markets which troubled investors earlier this year seem to have calmed down momentarily.
全球20個主要國家的最高經濟官員本周末在悉尼開會時，他們將一掃前幾次20國集團(G20)會議彌漫的危機感。全球經濟在穩健增長，得到中國以及出現初步復蘇的部分富裕國家（尤其是英國、美國和日本）的帶動。歐元區的風暴已經消退，其外圍成員國的債券收益率終于跌回至接近危機前的水平。即使是今年早些時候困擾投資者的籠罩新興市場的不安，似乎也已經暫時平靜下來。