中国互联网公司
<p> 2015复习正是强化复习阶段，在考研英语中占了40分，所以考研英语阅读是英语科目中重要的一项。名师老师曾建议过考研生需要坚持每天泛读10-15分钟的英文原刊。强烈推荐了杂志《经济学人》.杂志中的文章也是考研英语的主要材料来源.希望考研考生认真阅读，快速提高考研英语阅读水平。 <span word="Chinese">Chinese</span> <span word="internet">internet</span> <span word="firms">firms</span> 中国互联网公司 <span word="Migrating">Migrating</span> <span word="finches">finches</span> 迁徙之雀 <span word="China">China</span> <span word="s">s</span> <span word="online">online</span> <span word="firms">firms</span> <span word="are">are</span> <span word="flying">flying</span> <span word="to">to</span> <span word="Americanstockmarkets">Americanstockmarkets</span> 中国互联网公司纷纷飞向美国股市 <span word="DICK">DICK</span> <span word="COSTOLO">COSTOLO</span>, <span word="the">the</span> <span word="boss">boss</span> <span word="of">of</span> <span word="Twitter">Twitter</span>, <span word="was">was</span> <span word="in">in</span> <span word="Shanghai">Shanghai</span> <span word="this">this</span> <span word="week">week</span> <span word="to">to</span> <span word="see">see</span> <span word="first">first</span>-<span word="hand">hand</span> <span word="what">what</span> <span word="theGalapagos">theGalapagos</span> <span word="islands">islands</span> <span word="of">of</span> <span word="the">the</span> <span word="internet">internet</span> <span word="look">look</span> <span word="like">like</span>. <span word="Twitter">Twitter</span>的首席执行官迪克?科斯特洛紧随<span word="Facebook">Facebook</span>的创始人马克扎克伯格的脚步来中国考察。 <span word="He">He</span> <span word="follows">follows</span> <span word="in">in</span> <span word="the">the</span> <span word="footsteps">footsteps</span> <span word="of">of</span> <span word="Mark">Mark</span> <span word="Zuckerberg">Zuckerberg</span>, <span word="Facebook">Facebook</span> <span word="s">s</span> <span word="founder">founder</span>, <span word="who">who</span> <span word="also">also</span> <span word="came">came</span> <span word="for">for</span> <span word="astudy">astudy</span> <span word="tour">tour</span>. 在上海的这个星期，他近距离看到了如加拉帕戈斯群岛般的中国互联网现状。 <span word="Thanks">Thanks</span> <span word="to">to</span> <span word="censorship">censorship</span> <span word="and">and</span> <span word="hostility">hostility</span> <span word="to">to</span> <span word="foreign">foreign</span> <span word="internet">internet</span> <span word="firms">firms</span>, 由于对外国互联网公司的审查和敌意， <span word="otherwise">otherwise</span> <span word="global">global</span> <span word="giants">giants</span> <span word="such">such</span> <span word="as">as</span> <span word="Facebook">Facebook</span>, <span word="Twitter">Twitter</span>, <span word="Google">Google</span> <span word="and">and</span> <span word="eBay">eBay</span> <span word="are">are</span> <span word="banned">banned</span> <span word="orirrelevant">orirrelevant</span>. 全球互联网巨头如<span word="Facebook">Facebook</span>, <span word="Twitter">Twitter</span>, <span word="Google">Google</span>和<span word="eBay">eBay</span>均被禁止在华运营，或许正因如此， <span word="Weird">Weird</span> <span word="and">and</span> <span word="wonderful">wonderful</span> <span word="local">local</span> <span word="variations">variations</span> <span word="have">have</span>, <span word="like">like</span> <span word="Darwin">Darwin</span> <span word="s">s</span> <span word="finches">finches</span>, <span word="evolved">evolved</span> <span word="in">in</span> <span word="this">this</span> <span word="isolatedmarket">isolatedmarket</span> <span word="instead">instead</span>. 中国的互联网公司得以像古怪而奇妙的达尔文雀般在孤立的本土市场进化。 <span word="Even">Even</span> <span word="as">as</span> <span word="American">American</span> <span word="technology">technology</span> <span word="bosses">bosses</span> <span word="are">are</span> <span word="exploring">exploring</span> <span word="China">China</span>, 美国科技产业的老板们都来中国考察， <span word="some">some</span> <span word="of">of</span> <span word="those">those</span> <span word="esoteric">esoteric</span> <span word="local">local</span> <span word="firms">firms</span> <span word="are">are</span> <span word="bursting">bursting</span> <span word="to">to</span> <span word="get">get</span> <span word="out">out</span>. 而国内的一些优质科技公司都迫不及待地想要出去。 <span word="A">A</span> <span word="moratorium">moratorium</span>, <span word="only">only</span> <span word="recently">recently</span> <span word="lifted">lifted</span>, <span word="on">on</span> <span word="initial">initial</span> <span word="public">public</span> <span word="offerings">offerings</span> <span word="on">on</span> <span word="mainland">mainland</span> <span word="exchanges">exchanges</span> <span word="has">has</span> <span word="ledto">ledto</span> <span word="a">a</span> <span word="big">big</span> <span word="backlog">backlog</span> <span word="of">of</span> <span word="IPOs">IPOs</span>. 内地交易所不久前才解除的新股发行禁令造成了<span word="IPO">IPO</span>大规模积压， <span word="So">So</span> <span word="China">China</span> <span word="s">s</span> <span word="best">best</span> <span word="online">online</span> <span word="firms">firms</span> <span word="are">are</span> <span word="now">now</span> <span word="hoping">hoping</span> <span word="to">to</span> <span word="list">list</span> <span word="on">on</span> <span word="American">American</span> <span word="exchanges">exchanges</span>. 中国最好的在线公司当前都希望能在美国上市。 <span word="In">In</span> <span word="January">January</span> <span word="JD">JD</span>, <span word="an">an</span> <span word="e">e</span>-<span word="commerce">commerce</span> <span word="firm">firm</span> <span word="akin">akin</span> <span word="to">to</span> <span word="Amazon">Amazon</span>, <span word="launched">launched</span> <span word="a">a</span> <span word="share">share</span> <span word="offering">offering</span> <span word="in">in</span> <span word="Americathat">Americathat</span> <span word="may">may</span> <span word="value">value</span> <span word="the">the</span> <span word="firm">firm</span> <span word="at">at</span> $20 <span word="billion">billion</span>. 今年一月，类似于亚马逊的电子商务公司京东商城以约200亿美元的估值在美启动公开招股。 <span word="On">On</span> <span word="March">March</span> 14<span word="th">th</span> <span word="Sina">Sina</span> <span word="Weibo">Weibo</span>, <span word="the">the</span> <span word="nearest">nearest</span> <span word="Chinese">Chinese</span> <span word="equivalent">equivalent</span> <span word="to">to</span> <span word="Twitter">Twitter</span>, 3月14日，被誉为中国的<span word="Twitter">Twitter</span>的新浪微博宣布， <span word="announced">announced</span> <span word="an">an</span> <span word="IPO">IPO</span> <span word="that">that</span> <span word="would">would</span> <span word="raise">raise</span> <span word="up">up</span> <span word="to">to</span> $500<span word="m">m</span>, <span word="reportedly">reportedly</span> <span word="valuing">valuing</span> <span word="it">it</span> <span word="at">at</span> <span word="around">around</span> $7 <span word="billion">billion</span>. 计划通过首次公开募股筹集高达5亿美元的资金，据报道，其估值约在70亿美元。 <span word="These">These</span> <span word="announcements">announcements</span> <span word="were">were</span> <span word="put">put</span> <span word="in">in</span> <span word="the">the</span> <span word="shade">shade</span> <span word="a">a</span> <span word="day">day</span> <span word="later">later</span> <span word="when">when</span> <span word="Alibaba">Alibaba</span>, 其后的3月16日，将业务迅速扩至互联网金融的电商巨头阿里巴巴, <span word="an">an</span> <span word="e">e</span>-<span word="commerce">commerce</span> <span word="colossus">colossus</span> <span word="rapidly">rapidly</span> <span word="expanding">expanding</span> <span word="into">into</span> <span word="internet">internet</span> <span word="finance">finance</span>, <span word="ended">ended</span> <span word="months">months</span> <span word="offlirtation">offlirtation</span> <span word="with">with</span> <span word="the">the</span> <span word="Hong">Hong</span> <span word="Kong">Kong</span> <span word="exchange">exchange</span> <span word="by">by</span> <span word="declaring">declaring</span> <span word="it">it</span> <span word="will">will</span> <span word="soon">soon</span> <span word="float">float</span> <span word="its">its</span> <span word="shares">shares</span> <span word="in">in</span> <span word="New">New</span> <span word="York">York</span>. 宣布很快会在美国纽约上市，这意味着它与香港证交所间数月的暧昧试探以失败告终，这则重磅顿时令其他消息黯然失色。 <span word="It">It</span> <span word="is">is</span> <span word="rumoured">rumoured</span> <span word="that">that</span> <span word="the">the</span> <span word="firm">firm</span> <span word="plans">plans</span> <span word="to">to</span> <span word="raise">raise</span> <span word="over">over</span> $15 <span word="billion">billion</span>. 有传言称，阿里巴巴计划筹集超过150亿美元的资金。 <span word="David">David</span> <span word="Chao">Chao</span> <span word="of">of</span> <span word="DCM">DCM</span>, <span word="a">a</span> <span word="venture">venture</span>-<span word="capital">capital</span> <span word="firm">firm</span>,<span word="predicts">predicts</span> <span word="that">that</span> <span word="it">it</span> <span word="will">will</span> <span word="be">be</span> <span word="bigger">bigger</span> <span word="than">than</span> <span word="Facebook">Facebook</span>. <span word="DCM">DCM</span>风险投资公司的赵克仁预测，这一份额将超过<span word="Facebook">Facebook</span>。 <span word="The">The</span> <span word="American">American</span> <span word="social">social</span> <span word="network">network</span> <span word="s">s</span> <span word="offering">offering</span> <span word="two">two</span> <span word="years">years</span> <span word="ago">ago</span> <span word="raised">raised</span> $16 <span word="billion">billion</span>. 作为美国社交网络，<span word="Facebook">Facebook</span>前两年上市时筹得160亿美元。 <span word="Analysts">Analysts</span> <span word="expect">expect</span> <span word="the">the</span> <span word="flotation">flotation</span> <span word="to">to</span> <span word="value">value</span> <span word="Alibaba">Alibaba</span> <span word="at">at</span> $140 <span word="billion">billion</span> <span word="or">or</span> <span word="more">more</span>, <span word="compared">compared</span> <span word="withFacebook">withFacebook</span> <span word="s">s</span> <span word="current">current</span> <span word="market">market</span> <span word="capitalisation">capitalisation</span> <span word="of">of</span> $175 <span word="billion">billion</span>. 分析师预计，阿里巴巴上市估值在1400亿美元以上，而<span word="Facebook">Facebook</span>的当前市值为1750亿美元。 <span word="The">The</span> <span word="Hong">Hong</span> <span word="Kong">Kong</span> <span word="exchange">exchange</span> <span word="lost">lost</span> <span word="out">out</span> <span word="on">on</span> <span word="Alibaba">Alibaba</span> <span word="s">s</span> <span word="flotation">flotation</span> <span word="because">because</span> <span word="it">it</span> <span word="rejected">rejected</span> <span word="demands">demands</span> <span word="byAlibaba">byAlibaba</span> <span word="to">to</span> <span word="allow">allow</span> <span word="a">a</span> <span word="clique">clique</span> <span word="around">around</span> <span word="Jack">Jack</span> <span word="Ma">Ma</span>, <span word="its">its</span> <span word="founder">founder</span>, 港交所失去了阿里巴巴这块香馍馍是因为它拒绝了阿里巴巴关于允许创始人马云及其管理团队, <span word="to">to</span> <span word="retain">retain</span> <span word="control">control</span> <span word="using">using</span> <span word="special">special</span> <span word="shares">shares</span>. 在公司上市后仍能保留特殊股权来控制公司的请求。 <span word="The">The</span> <span word="exchange">exchange</span> <span word="was">was</span> <span word="wise">wise</span> <span word="to">to</span> <span word="uphold">uphold</span> <span word="its">its</span> <span word="ban">ban</span> <span word="on">on</span> <span word="such">such</span> <span word="arrangements">arrangements</span>, 港交所在坚持这项禁令上的做法是明智的， <span word="because">because</span> <span word="unlike">unlike</span> <span word="those">those</span> <span word="in">in</span> <span word="America">America</span>, <span word="ordinary">ordinary</span> <span word="investors">investors</span> <span word="cannot">cannot</span> <span word="easily">easily</span> <span word="seek">seek</span> <span word="redress">redress</span> <span word="through">through</span> <span word="thecourts">thecourts</span> <span word="when">when</span> <span word="they">they</span> <span word="feel">feel</span> <span word="they">they</span> <span word="have">have</span> <span word="been">been</span> <span word="abused">abused</span> <span word="by">by</span> <span word="a">a</span> <span word="company">company</span> <span word="s">s</span> <span word="controlling">controlling</span> <span word="shareholders">shareholders</span>. 因为与美国不同，国内的普通投资者觉得自己的利益被公司的控股股东伤害时，无法轻易通过法院寻求补偿。 <span word="Fortunately">Fortunately</span> <span word="for">for</span> <span word="the">the</span> <span word="Hong">Hong</span> <span word="Kong">Kong</span> <span word="market">market</span>, <span word="a">a</span> <span word="flood">flood</span> <span word="of">of</span> <span word="other">other</span> <span word="IPOs">IPOs</span> <span word="is">is</span> <span word="headed">headed</span> <span word="its">its</span> <span word="way">way</span>. 万幸的是，在香港市场，其他大量的新股仍在持续发行。 <span word="Will">Will</span> <span word="Americans">Americans</span> <span word="welcome">welcome</span> <span word="Alibaba">Alibaba</span> <span word="and">and</span> <span word="its">its</span> <span word="peers">peers</span>? 美国人会欢迎阿里巴巴和它的同行们吗? <span word="It">It</span> <span word="was">was</span> <span word="not">not</span> <span word="long">long</span> <span word="ago">ago</span> <span word="that">that</span> <span word="they">they</span> <span word="got">got</span> <span word="burned">burned</span> <span word="by">by</span> <span word="a">a</span> <span word="series">series</span> <span word="of">of</span> <span word="fraudulent">fraudulent</span> <span word="Chinese">Chinese</span> <span word="offerings">offerings</span>. 毕竟就在不久前，他们还因为中国公司的一系列上市欺诈而大为光火。 <span word="Duncan">Duncan</span> <span word="Clark">Clark</span> <span word="of">of</span> <span word="BDA">BDA</span>, <span word="a">a</span> <span word="consulting">consulting</span> <span word="firm">firm</span>, <span word="argues">argues</span> <span word="that">that</span> <span word="those">those</span> <span word="fraud">fraud</span> <span word="caps">caps</span> <span word="were">were</span> <span word="obscure">obscure</span> <span word="firmswith">firmswith</span> <span word="complex">complex</span>, <span word="hard">hard</span>-<span word="to">to</span>-<span word="verify">verify</span> <span word="assets">assets</span>. 对此，<span word="BDA">BDA</span>咨询公司的邓肯克拉克认为，市场欺诈往往发生在资产构成复杂且难以核实的小企业， <span word="Today">Today</span> <span word="s">s</span> <span word="IPOs">IPOs</span> <span word="are">are</span> <span word="of">of</span> <span word="prominent">prominent</span>, <span word="well">well</span>-<span word="understood">understood</span> <span word="firms">firms</span>, 而现在首次公开募股的是业绩优异，资产明晰的大公司， <span word="so">so</span> <span word="he">he</span> <span word="thinks">thinks</span> <span word="investors">investors</span> <span word="will">will</span> <span word="see">see</span> <span word="them">them</span> <span word="as">as</span> <span word="proxies">proxies</span> <span word="for">for</span> <span word="China">China</span> <span word="s">s</span> <span word="emerging">emerging</span> <span word="consumer">consumer</span> <span word="classes">classes</span>. 所以他认为投资者会将他们看作中国新兴消费阶层的代表。 <span word="Helpfully">Helpfully</span>, <span word="various">various</span> <span word="hot">hot</span> <span word="American">American</span> <span word="startups">startups</span>, <span word="such">such</span> <span word="as">as</span> <span word="Airbnb">Airbnb</span> <span word="and">and</span> <span word="Square">Square</span>, <span word="are">are</span> <span word="unlikely">unlikely</span> <span word="to">to</span> <span word="listsoon">listsoon</span>, 更有助益的是，许多热门的美国初创企业如<span word="Airbnb">Airbnb</span>和<span word="Square">Square</span>不太可能很快上市， <span word="leaving">leaving</span> <span word="investors">investors</span> <span word="hungry">hungry</span>. 这已让投资者吊足了胃口。 <span word="However">However</span>, <span word="potential">potential</span> <span word="buyers">buyers</span> <span word="of">of</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="firms">firms</span> <span word="shares">shares</span> <span word="should">should</span> <span word="consider">consider</span> <span word="two">two</span> <span word="risks">risks</span>. 然而，中国企业股份的潜在购买者应该考虑到两个风险。 <span word="The">The</span> <span word="first">first</span> <span word="is">is</span> <span word="regulatory">regulatory</span> <span word="uncertainty">uncertainty</span>. 首先是监管的不确定性。 <span word="In">In</span> <span word="its">its</span> <span word="prospectus">prospectus</span>, <span word="Sina">Sina</span> <span word="Weibo">Weibo</span> <span word="warns">warns</span> <span word="that">that</span> <span word="official">official</span> <span word="censorship">censorship</span> <span word="may">may</span> <span word="threaten">threaten</span> <span word="its">its</span> <span word="businessmodel">businessmodel</span>. 新浪微博在其招股说明书中警告称，官方的审查制度可能威胁其商业模式。 <span word="Also">Also</span>, <span word="China">China</span> <span word="and">and</span> <span word="the">the</span> <span word="United">United</span> <span word="States">States</span> <span word="are">are</span> <span word="in">in</span> <span word="a">a</span> <span word="dispute">dispute</span> <span word="that">that</span> <span word="may">may</span> <span word="see">see</span> <span word="the">the</span> <span word="mainland">mainland</span> <span word="units">units</span> <span word="of">of</span> <span word="the">the</span> <span word="BigFour">BigFour</span> <span word="accountants">accountants</span> <span word="banned">banned</span> <span word="from">from</span> <span word="auditing">auditing</span> <span word="Chinese">Chinese</span> <span word="firms">firms</span> <span word="listed">listed</span> <span word="in">in</span> <span word="America">America</span>. 此外，中美尚处纠纷之中，这可能导致全球四大会计师事务所驻中国公司被禁止为在美上市公司提供审计服务。 <span word="And">And</span> <span word="there">there</span> <span word="is">is</span> <span word="a">a</span> <span word="slim">slim</span> <span word="chance">chance</span> <span word="that">that</span> <span word="either">either</span> <span word="country">country</span> <span word="s">s</span> <span word="regulators">regulators</span> <span word="may">may</span> <span word="object">object</span> <span word="to">to</span> <span word="the">the</span> <span word="offshore">offshore</span> <span word="vehiclesused">vehiclesused</span> <span word="by">by</span> <span word="Alibaba">Alibaba</span> <span word="and">and</span> <span word="other">other</span> <span word="Chinese">Chinese</span> <span word="technology">technology</span> <span word="firms">firms</span> <span word="to">to</span> <span word="list">list</span> <span word="overseas">overseas</span>. 而且，虽然机率很小，但并不排除双方的监管机构可能在某时都会反对阿里巴巴等中国科技公司用于海外上市的离岸集资媒介。 <span word="The">The</span> <span word="other">other</span> <span word="risk">risk</span> <span word="arises">arises</span> <span word="from">from</span> <span word="growing">growing</span> <span word="competition">competition</span>. 另一风险来自于日益激烈的竞争。 <span word="Firms">Firms</span> <span word="like">like</span> <span word="Alibaba">Alibaba</span> <span word="grew">grew</span> <span word="dominant">dominant</span> <span word="when">when</span> <span word="local">local</span> <span word="rivals">rivals</span> <span word="were">were</span> <span word="scarce">scarce</span> <span word="and">and</span> <span word="foreign">foreign</span> <span word="ones">ones</span> <span word="absent">absent</span>, 阿里巴巴之类的企业在成长至今日占主导地位的过程中，本土竞争对手稀少，外国竞争对手为零， <span word="but">but</span> <span word="things">things</span> <span word="are">are</span> <span word="changing">changing</span>. 但事情正在发生变化。 <span word="Tencent">Tencent</span>, <span word="a">a</span> <span word="gaming">gaming</span> <span word="goliath">goliath</span>, <span word="this">this</span> <span word="month">month</span> <span word="took">took</span> <span word="a">a</span> <span word="big">big</span> <span word="stake">stake</span> <span word="in">in</span> <span word="JD">JD</span>, 游戏业巨头腾讯这个月购买大量股权入驻京东商城， <span word="thus">thus</span> <span word="turning">turning</span> <span word="it">it</span> <span word="into">into</span> <span word="a">a</span> <span word="potent">potent</span> <span word="force">force</span> <span word="in">in</span> <span word="e">e</span>-<span word="commerce">commerce</span>. 变为电子商务的一股强大力量。 <span word="This">This</span> <span word="week">week</span> <span word="Alibaba">Alibaba</span> <span word="spent">spent</span> $215<span word="m">m</span> <span word="on">on</span> <span word="a">a</span> <span word="stake">stake</span> <span word="in">in</span> <span word="Tango">Tango</span>, <span word="an">an</span> <span word="American">American</span> <span word="messaging">messaging</span> <span word="app">app</span>. 本周，阿里巴巴斥资2.15亿入股美国即时通讯应用<span word="Tango">Tango</span>。 <span word="Alibaba">Alibaba</span>, <span word="Tencent">Tencent</span> <span word="and">and</span> <span word="Baidu">Baidu</span> <span word="have">have</span> <span word="gone">gone</span> <span word="on">on</span> <span word="acquisition">acquisition</span> <span word="sprees">sprees</span> <span word="to">to</span> <span word="prepare">prepare</span> <span word="for">for</span> <span word="a">a</span> <span word="battle">battle</span> <span word="royal">royal</span>,<span word="and">and</span> <span word="this">this</span> <span word="is">is</span> <span word="eroding">eroding</span> <span word="margins">margins</span>: 即将到来的电商混战引发了阿里巴巴，腾讯和百度的收购热潮，而这侵蚀了利润： <span word="Tencent">Tencent</span> <span word="reported">reported</span> <span word="disappointing">disappointing</span> <span word="earnings">earnings</span> <span word="this">this</span> <span word="week">week</span>. 腾讯这个星期公布了令人失望的盈利。 <span word="As">As</span> <span word="its">its</span> <span word="tech">tech</span> <span word="stars">stars</span> <span word="expand">expand</span> <span word="into">into</span> <span word="overseas">overseas</span> <span word="markets">markets</span>, 随着高科技明星企业纷纷将其业务拓展至海外市场， <span word="China">China</span> <span word="will">will</span> <span word="be">be</span> <span word="pressed">pressed</span> <span word="to">to</span> <span word="let">let</span> <span word="foreign">foreign</span> <span word="rivals">rivals</span> <span word="in">in</span>. 中国政府也可能被迫放开管制，任国外公司进入中国市场。 <span word="If">If</span> <span word="one">one</span> <span word="day">day</span> <span word="it">it</span> <span word="agrees">agrees</span> <span word="to">to</span> <span word="this">this</span>, 如果有一天中国默许了这一点， <span word="instead">instead</span> <span word="of">of</span> <span word="Galapagos">Galapagos</span> <span word="finches">finches</span> <span word="its">its</span> <span word="local">local</span> <span word="firms">firms</span> <span word="may">may</span> <span word="come">come</span> <span word="to">to</span> <span word="resemble">resemble</span> <span word="Europe">Europe</span> <span word="s">s</span> <span word="red">red</span> <span word="squirrels">squirrels</span>,<span word="devastated">devastated</span> <span word="by">by</span> <span word="the">the</span> <span word="arrival">arrival</span> <span word="of">of</span> <span word="their">their</span> <span word="pushy">pushy</span> <span word="grey">grey</span> <span word="cousins">cousins</span> <span word="from">from</span> <span word="North">North</span> <span word="America">America</span>. 比起加拉帕戈斯雀，本地公司的处境可能更类似于欧洲红松鼠，来自北美洲的表亲灰松鼠的到来使它们濒临灭绝。 第 2 页：词语解释 1.<span word="get">get</span> <span word="out">out</span> 出来;出版 <span word="Did">Did</span> <span word="you">you</span> <span word="really">really</span> <span word="not">not</span> <span word="think">think</span> <span word="that">that</span> <span word="would">would</span> <span word="get">get</span> <span word="out">out</span>, <span word="I">I</span> <span word="ask">ask</span>? 于是我就问她：你当时真没想过照片会流传出去吗? <span word="Most">Most</span> <span word="institutional">institutional</span> <span word="investors">investors</span> <span word="did">did</span> <span word="get">get</span> <span word="out">out</span>. 大部份机构投资者的确从市场中退了出来。 2.<span word="lead">lead</span> <span word="to">to</span> 通向;导致 <span word="Osteoporosis">Osteoporosis</span> <span word="may">may</span> <span word="also">also</span> <span word="lead">lead</span> <span word="to">to</span> <span word="tooth">tooth</span> <span word="loss">loss</span>. 骨质疏松可能会导致牙齿脱落。 <span word="Salary">Salary</span> <span word="differences">differences</span> <span word="between">between</span> <span word="countries">countries</span> <span word="can">can</span> <span word="lead">lead</span> <span word="to">to</span> <span word="resentment">resentment</span>. 不同国家间的薪酬差异会引起相互的敌视。 3.<span word="equivalent">equivalent</span> <span word="to">to</span> 等于，折合 <span word="How">How</span> <span word="many">many</span> <span word="fish">fish</span> <span word="a">a</span> <span word="day">day</span> <span word="is">is</span> <span word="this">this</span> <span word="equivalent">equivalent</span> <span word="to">to</span>? 那等于一天要吃多少鱼呢? <span word="That">That</span> <span word="is">is</span> <span word="equivalent">equivalent</span> <span word="to">to</span> <span word="the">the</span> <span word="loss">loss</span> <span word="of">of</span> <span word="the">the</span> <span word="entire">entire</span> <span word="manufacturing">manufacturing</span> <span word="sector">sector</span>. 此数据等于整个制造业的亏损。 4.<span word="plan">plan</span> <span word="to">to</span> 打算,计划 <span word="As">As</span> <span word="ceo">ceo</span>, <span word="what">what</span> <span word="do">do</span> <span word="you">you</span> <span word="plan">plan</span> <span word="to">to</span> <span word="reduce">reduce</span>? 如今作为<span word="CEO">CEO</span>，你计划在哪些方面进行简化? <span word="How">How</span> <span word="do">do</span> <span word="you">you</span> <span word="plan">plan</span> <span word="to">to</span> <span word="deal">deal</span> <span word="with">with</span> <span word="piracy">piracy</span>? 你打算如何应对盗版问题?</p>
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