第二课 parts

20101020 第二课 part 1 recite
words preview:
hike,turmoil,rein,estate,inflation,commodity,plung


topic: China interest-rate hike causes turmoil

The center bank's move is aimed at reining in an unbridled (real) estate market (and inflation) in China.The move sends stocks and commodity price(s) plunging in(around)
the globe and raises concern (new concerns) about U.S. recovery.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20101021 第二课  part 2 recite

burger, not buger
unbridled, not unbridle


---------- Forwarded message ---------- 
From: surfingForRest
To: yefishskivvy
Subject: 20101021 第二课  part 2 recite


words preview:
buger,unbridle,bridle,locomotive,chug,batter,overheated,ripple,

in common use:
rising inflation: use rising
rate increases: use increases

my attetion:
China's central bank , not Chinese central bank



Reporting from Washington and Beijing ---A surprise interest-rate hike by China raised the prospect Tuesday that the world's locomotive will begin chugging at a lower speed--A move battered stocks and commodity prices around the globe and raised fresh uncertainties about(over) continued recovery in the U.S. and other developed nations.


The immediate aim of the action by China's central bank was to cool the nation's overheated real estate market and rising inflation.With more rate raised(increases) expected,it could slow the overall growth of the world's second-largest economy.

But any slowing in China will ripple abroad, creating new problems for already-struggling American businesses and workers.Much the same is likely in Europe and many other parts of the global economy.

~~~~~~~~~~~~~~~~~~~~
20101026 第二课 part3 recite

words preview:
snapshot,snap,nap,fiscal,monetary,friction,deficit,allegation,subsidize,exporter,importer,manufacture,manufacturer,chore,chores,whip,
inventory,asterisk,marvel,boldness,confession,fancy, confirmation details

phrases:
marvel at, stretch out

sentences:
She's whipping the eggs.
Word on the street is that you're nothing more than a zero, or nothing at all.
I'm here! I'm real! So you think I'm noting, just dirt under you feet?





Get a daily snapshot of market numbers and trends,delivered right to your mobile phone.Text BUSINESS to 52996.

Although the U.S. economy's troubles are much bigger than China's fiscal policies, Simon Johnson, an MIT professor and former chief economist in(at) the International Monetary Fund, said the latest step by the People's bank of China "doesn't address the core of the(these) [economic] imbalances."

Friction has been increasing between the two nations over the widening trade deficit and allegations by the U.S. manufacturers that China manuplates its currency and unfairly subsidizes its exporters to maintain a price advantage.

"It certainly doesn't reduce the tension," Johnson said of Tuesday rate hike."I would suggest it's not helpful."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20101027 第二课 part4 recite

words preview:
stir,tension,decelerate,industrialized,tepid,deflation<->inflation,superficial,fancy,
fantasy,goose,geese,rot,aeronautical,hiking,hike


The effect will be felt sharply in nearby Asian economies that have become increasingly dependent on the Middle Kingdom's markets and production base.But a decelerating Chinese economy may ultimately hit harder in the U.S. and other industrialized conuntries.

Their recovery from the Greate Recession has been slower and many are still struggling with tepid growth, high unemployment and the threat of deflation, rather than inflation.

"We want China to consume more, but the latest move would do the opposite," said Sung Wo Sohn, an economist at Cal state Channel Islands. Everyone wants to grow economy through exports. But exports to China won't be as robust.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
20101028 第二课 part5 recite

words preview:
Dow,copper,zinc,investor,sought(seek的过去式和过去分词),greenback,benchmark,modest,modestly,inflows,boost,
elementary,rectangle

phrases:
exchang rate(汇率),boost the currency

pay attention to:
1. economy's troubles 和 economic imbalances,什么时候用所有格,什么时候用形容词,体会:是谁的东西用所胡格,具有什么性用形容词。
2. Johnson said of Tuesday's rate hike


The Dow index dropped more than 200 points during the day largely on the news from China before closing down 165, or 1.5%,at 10979.Prices fell for oil, copper, zinc and other commodities, while the dollar strenhthened as investors sought the safety of the greenback.


The quarter-point rate increase will allow Chinese consumers to get bigger returns on their savings;the one-year deposit rate will go to 2.5% and benchmark lending rate to 5.56%.


For the Chinese, "This is a right direction," said Macheal Pettis,a professor at Peking University's Guanghua school of management."In the long term, they should do more.But like the exchange rate,you can't change it quickly or there will be financial distress.


While China has allowed the yuan to appreciate modestly in recent months, some analysts said Tuesday's interest rate hike may give Beijing reason to delay further strengthening because higher interest rate should help attract more capital inflows that could eventually boost the currency.

~~~~~~~~~~~~~~
20101103 words

words:
cowpoke,
tedious,
rustle,
a grub in an apple,to grub up the soil,
She is not clever,but she is painstaking.
She is always painstakingly at her books.
It narrows down the results for us.
The asterisk refers the reader to a footnote.
He sneaked away in the middle of the meeting.
interpret,
He became skilled in several tribal lingoes.


你可能感兴趣的:(apple,mobile,UP,Go,Exchange)