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SHANGHAI:China’s economic center will replace London as the world’s second-largest economic center after New York in 10 years,according to a recent survey conducted by 1aw firm Eversheds.

        The survey,which interviewed 600 senior business decision-makers in the cities of London,Mumbai,New York,Shanghai and the United Arab Emirates,showed that London was facing a challenge(挑战)from Shanghai in terms of its economic role in the world.

    Most of them said New York would continue to hold the top position as the most important economic center.

    According to London-based Eversheds,91 percent of senior businesspeople in Shanghai are confident of their economic future over the next 12 months,mainly based on signs of growth in business,while in London only 22 percent are confident,the lowest figure among the five cities.

    The report showed that 87 percent of business leaders across the world said the crisis (危机)has changed the structure(结构)of the world economy,and the established economic centers of the West face a growing challenge from the new economies of the East.

    China, ahead of the US and Europe,has had signs of a recovery from the economic crisis.In March the Chinese government decided to try to turn Shanghai into an

international economic center by the end of 2020.

    “There's little doubt that Shanghai would become a world's important economic center within the next decade if the Chinese economy will become No 1 or No 2 in the world and because of the growing value of the yuan,said Hubert Tse,managing director and head

of international business at law firm Yuan Tat.

      Shanghai’s becoming a world’s economic center is affected by when the yuan can be exchanged freely and whether effective laws would be put in place, Tse said.

1.Which of the following is NOT true according to the passage?

      A.Businessmen in London are least confident of their economic future among the five cities surveyed.

      B.The economic development of the established economic centers of the West has slowed down due to the crisis.

    C.Chinese economy will surely become No 1 in the world by the end of 2020.

    D.China has shown signs of recovery from crisis earlier than the US and Europe.

2.All the following will make Shanghai a world's economic center except         

      A.Chinese early economic recovery from crisis.

      B.The growing value and free exchange of the yuan.

      C.Effective laws to be made.

      D.Businessmen's confidence in Shanghai.

3.What does the passage mainly deal with?

      A.People are confident in Chinese economy.

      B.Shanghai will become the second-largest economic center instead of London.

      C.New York remains to be the most important economic center.

      D.The structure of the world economy has been changed completely.

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