2015考研英语阅读中国公债即将清零
<p> <span word="BANKS">BANKS</span> <span word="in">in</span> <span word="Westerncountries">Westerncountries</span> <span word="dragged">dragged</span> <span word="their">their</span> <span word="economiesinto">economiesinto</span> <span word="the">the</span> <span word="great">great</span> <span word="recession">recession</span>. <span word="Banks">Banks</span> <span word="in">in</span> <span word="Chinapulled">Chinapulled</span> <span word="thecountry">thecountry</span> <span word="out">out</span> <span word="of">of</span> <span word="it">it</span>. <span word="Much">Much</span> <span word="of">of</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="governmentsstimulus">governmentsstimulus</span> <span word="effortfrom">effortfrom</span> 2008 <span word="to">to</span> 2010 <span word="was">was</span> <span word="left">left</span> <span word="to">to</span> <span word="financial">financial</span> <span word="institutions">institutions</span>, <span word="which">which</span> <span word="proved">proved</span> <span word="better">better</span> <span word="atshovingmoney">atshovingmoney</span> <span word="out">out</span> <span word="of">of</span> <span word="the">the</span> <span word="door">door</span> <span word="than">than</span> <span word="Americas">Americas</span> <span word="federal">federal</span> <span word="government">government</span>.</p><p> 西方国家的银行将经济拉到一个大衰退中，而中国的银行却将这个国家拽出这个泥淖。2008年到2010年间中国政府间的刺激计划都交给金融机构执行，相比美国联邦政府，中国的这一做法在贷款方面要更有效。</p><p> <span word="The">The</span> <span word="banks">banks</span> <span word="lent">lent</span> <span word="tothousands">tothousands</span> <span word="of">of</span> <span word="investment">investment</span> <span word="corporations">corporations</span> <span word="set">set</span> <span word="up">up</span> <span word="by">by</span> <span word="local">local</span> <span word="governments">governments</span>, <span word="whichcannotborrow">whichcannotborrow</span> <span word="in">in</span> <span word="their">their</span> <span word="own">own</span> <span word="name">name</span>. <span word="With">With</span> <span word="the">the</span> <span word="help">help</span> <span word="of">of</span> <span word="some">some</span> <span word="initial">initial</span> <span word="capital">capital</span> <span word="and">and</span> <span word="collateral">collateral</span>,<span word="like">like</span> <span word="land">land</span>,<span word="these">these</span> <span word="investment">investment</span> <span word="vehicles">vehicles</span> <span word="directed">directed</span> <span word="the">the</span> <span word="lending">lending</span> <span word="into">into</span> <span word="local">local</span> <span word="bridges">bridges</span>,<span word="tunnels">tunnels</span> <span word="and">and</span> <span word="real">real</span>-<span word="estateventures">estateventures</span>. <span word="But">But</span> <span word="many">many</span> <span word="of">of</span> <span word="the">the</span> <span word="loans">loans</span> <span word="have">have</span> <span word="turned">turned</span> <span word="bad">bad</span>,<span word="threatening">threatening</span> <span word="the">the</span> <span word="balance">balance</span>-<span word="sheets">sheets</span> <span word="of">of</span> <span word="the">the</span> <span word="banksthat">banksthat</span> <span word="made">made</span> <span word="them">them</span>.</p><p> 银行贷款给地方政府成立的数以千计的投资公司，这是因为地方政府不能以自己的名义贷款。凭借着初始资金和诸如土地之类的抵押物，这些投资机器把这些贷款投资建设当地的桥梁、隧道以及房地产行业。但是很多贷款最后变成了坏账，搞得银行的资产负债表很不好看。</p><p> <span word="Now">Now</span> <span word="the">the</span> <span word="centralgovernment">centralgovernment</span> <span word="has">has</span> <span word="at">at</span> <span word="last">last</span> <span word="resolved">resolved</span> <span word="to">to</span> <span word="clean">clean</span> <span word="up">up</span> <span word="the">the</span> <span word="mess">mess</span>, <span word="according">according</span> <span word="tounnamedofficials">tounnamedofficials</span> <span word="cited">cited</span> <span word="by">by</span> <span word="Reuters">Reuters</span> <span word="this">this</span> <span word="week">week</span>. <span word="Chinas">Chinas</span> <span word="government">government</span> <span word="will">will</span> <span word="consolidatethousands">consolidatethousands</span> <span word="ofinvestment">ofinvestment</span> <span word="vehicles">vehicles</span> <span word="and">and</span> <span word="hive">hive</span> <span word="off">off</span> <span word="some">some</span> <span word="of">of</span> <span word="their">their</span> <span word="debts">debts</span> <span word="into">into</span> <span word="separatecompanies">separatecompanies</span> <span word="open">open</span> <span word="to">to</span> <span word="privateinvestors">privateinvestors</span>. <span word="It">It</span> <span word="will">will</span> <span word="force">force</span> <span word="the">the</span> <span word="banks">banks</span> <span word="to">to</span> <span word="write">write</span> <span word="offanother">offanother</span> <span word="slice">slice</span> <span word="of">of</span> <span word="the">the</span> <span word="bad">bad</span> <span word="debt">debt</span>, <span word="and">and</span> <span word="repay">repay</span> <span word="a">a</span> <span word="chunk">chunk</span> <span word="ofit">ofit</span> <span word="from">from</span> <span word="its">its</span> <span word="own">own</span> <span word="budget">budget</span>.<span word="Much">Much</span> <span word="of">of</span> <span word="the">the</span> <span word="stimulus">stimulus</span> <span word="lending">lending</span> <span word="of">of</span> 2008-10 <span word="may">may</span> <span word="turn">turn</span> <span word="out">out</span> <span word="to">to</span> <span word="be">be</span> <span word="publicspending">publicspending</span> <span word="after">after</span> <span word="all">all</span>.</p>
页:
[1]