London's third great function, since the seventeenth century, has been that of national and international bourse: the exchange of stocks and shares, banking, commerce and, increasingly, insurance.

自17世纪以来，伦敦的第三大功能就是充当国内和国际证券交易所，负责股票和股份、银行业、商业以及越来越多的保险的交易。

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And China's GDP (measured at market exchange rates) will push ahead of Germany's to make China the world's third-biggest economy, behind America and Japan.

中国的GDP(以市场汇率来衡量)将会超过德国使其成为世界第三大经济体，位居美国和日本之后。

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A third factor is that Asian central Banks are big buyers of Treasury bonds as part of their exchange-rate management policies, and are relatively indifferent to future returns.

第三个因素则是亚洲的央行作为国债的大买家，这是它们汇率管理政策的一部分，它们相对而言不关心未来的回报。

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London has almost a third of the world's foreign-exchange dealing and over a third of over-the-counter derivatives business.

ECONOMIST: London pride

But the stock- futures division is the third rail of the exchange world.

FORBES: A Wild Card in the Exchange Wars

Unilateral or accelerated adoption of the euro would make far less sense for a third group of bigger countries with floating exchange rates: the Czech Republic, Hungary, Poland and Romania.

ECONOMIST: Eastern Europe's woes