Question

什么是hard pegging

金融、经济或者汇率方面的术语，原句如下：（共出现两次，请高人翻译这个词组hard pegging就行了）
The results of Yuan undervaluation remain intact even after we change the composition of currency basket. We further explore the implication of this hard pegging both in short term and long term for China, United States and other countries. Finally, due to the global imbalance arising from China’s huge trade surplus and huge trade deficit of U.S., we argue that removing hard pegging to the U.S. Dollar could be beneficial to China and the remaining part of the world in the long-term to alleviate the global imbalance problem.

Answer 1

pegging

n. 钉住；反查；追溯
v. 用木钉钉；
固定（peg的现在分词） 固定证券价格

第一个出现的hard pegging 不是一个词组
根据句子 要分开理解
this hard 是指第一句话
The results of Yuan undervaluation remain intact even after we change the composition of currency basket.
中的This result of（导致）后面的问题

第二个出现的hard pegging 是一个词组
硬盯着something 或者死死盯着something 的意思

下面是整段的翻译：
结果,即使人民币低估仍然完好的成分,我们改变货币篮子。我们进一步探究涵义的努力将在短期和长期为中国、美国和其他国家。最后,由于全球不平衡引起中国巨大的贸易顺差和巨大的贸易逆差的美国,我们认为消除硬盯住美元可能有助于中国和世界的其余部分的长期来减轻全球不平衡的问题。