维尔海姆正邀请各国进入一个信奉以邻为壑政策的零和世界，其中每一个国家都试图从其它国家抢夺市场份额。

Mr Wilhelm is inviting everybody to join a zero-sum world of beggar-my-neighbour policies in which every country tries to grab market share from the rest.

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我们似乎又要重回老路，在这个以邻为壑的世界里，任何国家如果不采取报复性政策，都将会受到伤害。

We seem to be following the same path, and in a beggar-thy-neighbor world any country that does not participate in retaliatory policies will suffer.

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致使大萧条更加恶化的以邻为壑的政策让人担心——中国可能使人民币贬值，借此促进出口。

And there are concerns that China may allow the yuan to depreciate to help its exporters-with worrying echoes of the beggar-thy-neighbour policies that exacerbated the Depression.

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