2017年CRI Experts warn China needs to be vigilant of external impact on its economy

 

China needs to be vigilant¹ of the impact of external economic and financial fluctuations² on its economy and finance, according to the 2017 China Financial Risks and Stability report released by Yicai Research Institute earlier this week.

China’s financial stability risks remain high, with some 15 percent of Chinese enterprises’ ‘interest coverage³ ratio’ (ICR) less than 1, meaning those Chinese firms are still borrowing new loans to repay the old ones, says the report.

For more on this, CRI's Zhao Ying spoke⁴ with Sun Tao, former IMF senior economist⁵, author of the first chapter of the report.

1 vigilant   

adj.警觉的，警戒的，警惕的

参考例句：

• He has to learn how to remain vigilant through these long nights.他得学会如何在这漫长的黑夜里保持警觉。
• The dog kept a vigilant guard over the house.这只狗警醒地守护着这所房屋。

2 fluctuations   

波动，涨落，起伏( fluctuation的名词复数 )

参考例句：

• He showed the price fluctuations in a statistical table. 他用统计表显示价格的波动。
• There were so many unpredictable fluctuations on the Stock Exchange. 股票市场瞬息万变。

3 coverage   

n.报导，保险范围，保险额，范围，覆盖

参考例句：

• There's little coverage of foreign news in the newspaper.报纸上几乎没有国外新闻报道。
• This is an insurance policy with extensive coverage.这是一项承保范围广泛的保险。

4 spoke   

n.（车轮的）辐条；轮辐；破坏某人的计划；阻挠某人的行动 v.讲，谈（speak的过去式）；说；演说；从某种观点来说

参考例句：

• They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
• The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。

5 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。