万花筒 2012-07-07&07-09 央行一个月内二次降息
时间:2013-09-10 06:20:10
搜索关注在线英语听力室公众号:tingroom,领取免费英语资料大礼包。
(单词翻译)
Last year there was too much tightening1 and this year maybe they are looming2 behind the curve, parts of the reason maybe the macro-numbers in China could be sometimes misleading.
Another rate cut for China. And this is the second cut in the space of a month after a year of keeping rates steady. The world's second largest economy is feeling the pitch of economic slowdown. Weak manufacturing, weak housing and now signs of weaking jobs market after a year of what has been rip roaring growth.
With the blitz of data due on the coming week,
analysts3 are really starting to wonder if there is a lot of bad news waiting in the wings. Second quarter GDP is expected to grow at its weakest pace in a three years. But it could be even worse. Will it be below 8% ? Will it be below 7.5%?
My number 7.5%, I think most likely be around 7.5% or even it will be lower.
One area of focus will be bank lending. If that is weaker than expected, it really could bring out signs that China's economy is at a standstill.
分享到: