中国债券市场危机显露 投资人惊慌
<p><span word="SHANGHAI">SHANGHAI</span> — <span word="Chinese">Chinese</span> <span word="officials">officials</span> <span word="cheered">cheered</span> <span word="on">on</span> <span word="the">the</span> <span word="country">country</span>’<span word="s">s</span> <span word="stock">stock</span> <span word="market">market</span> <span word="when">when</span> <span word="it">it</span> <span word="reached">reached</span> <span word="heady">heady</span> <span word="new">new</span> <span word="highs">highs</span>, <span word="offering">offering</span> <span word="hope">hope</span> <span word="that">that</span> <span word="it">it</span> <span word="could">could</span> <span word="become">become</span> <span word="a">a</span> <span word="new">new</span> <span word="source">source</span> <span word="of">of</span> <span word="money">money</span> <span word="to">to</span> <span word="fix">fix</span> <span word="China">China</span>’<span word="s">s</span> <span word="economic">economic</span> <span word="problems">problems</span>. <span word="Then">Then</span>, <span word="last">last</span> <span word="year">year</span>, <span word="the">the</span> <span word="market">market</span> <span word="crashed">crashed</span>.</p><p>上海——去年，当中国股市令人兴奋地屡创新高时，中国官员欢欣雀跃不已，希望它可以成为一个新的资金来源，帮助解决中国的经济问题。然后，股市崩盘了。</p><p><span word="Now">Now</span> <span word="another">another</span> <span word="fast">fast</span>-<span word="growing">growing</span> <span word="part">part</span> <span word="of">of</span> <span word="China">China</span>’<span word="s">s</span> <span word="vast">vast</span> <span word="and">and</span> <span word="increasingly">increasingly</span> <span word="complicated">complicated</span> <span word="financial">financial</span> <span word="market">market</span> <span word="is">is</span> <span word="showing">showing</span> <span word="signs">signs</span> <span word="of">of</span> <span word="distress">distress</span>: <span word="its">its</span> $9 <span word="trillion">trillion</span> <span word="bond">bond</span> <span word="market">market</span>.</p><p>现在，在中国庞大且日趋复杂的金融市场中，另一个快速增长的部门正在显露出危机迹象：9万亿美元规模的债券市场。</p>
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