Nicholas Lardy, an economist and senior fellow at the Washington-based Peterson Institute, says China's unwillingness to adopt derivative loans and other high-risk financial products helped to shield it from the impact of the world economic downturn.

VOA: standard.2009.11.10

It was an international convention that gave, what they called, risk-based capital requirements and recommended risk-based capital requirements to bank regulators around the world.

巴塞尔协议是一个国际公约,它制定了,风险资本要求,并且向各国的银行监管者,推荐风险资本要求

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