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(单词翻译)
By Heda Bayron
Hong Kong
28 February 2007
watch Sean Maroney report
Share prices in the Asia-Pacific region closed sharply lower following heavy selling in China and the United States. Government officials tried to calm the market, saying their economies remain strong. VOA's Heda Bayron reports from Hong Kong.
indicator1 showing down arrows in Tokyo, 28 Feb 2007" hspace="2" src="http://www.tingroom.com/upimg/allimg/070522/1442500.jpg" width="210" vspace="2" border="0" /> |
A man looks at a stock indicator showing down arrows in Tokyo, 28 Feb 2007 |
Stock analysts2 say investors3 were spooked by the heavy sell off in China Tuesday that reverberated4 across the globe. China's main Shanghai stock index plunged5 almost nine percent Tuesday - its worst loss in 10 years. That and Wall Street's sharp decline hours later raised worries of weakness in the U.S. and Chinese economies.
Officials in the region tried to calm the markets. Japanese Chief Cabinet Secretary Yasuhisa Shiozaki said Japan's economic recovery is continuing. Australian Treasurer6 Peter Costello said the economy is on solid ground.
"I would expect that following events in China there will be volatility7 in the equity8 market for some time," he said. "But Australia being one of the strongest performing economies in the world is well braced9 to deal with shocks that may be coming from overseas."
In Kuala Lumpur, where share prices fell more than three percent, the head of the country's stock exchange Yusli Mohamed Yusoff said he remains10 optimistic about the market's performance in the medium term.
Some analysts say the regional sell-off may only indicate that investors are taking profit following massive gains in recent weeks. The analysts say the selling is not the start of a market meltdown like that seen in 1997, at the start of the Asian economic crisis.
"Most markets around the world have recently reached record highs, so you could argue that some sort of correctional consolidation11 was due anyway, and they now have the trigger," said Howard Gorges12, vice13 chairman of South China Brokerage in Hong Kong.
The market that started the sell off, Shanghai, rebounded14 somewhat Wednesday. The Shanghai Composite index gained nearly four percent to close at 2,881.
1 indicator | |
n.指标;指示物,指示者;指示器 | |
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2 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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3 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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4 reverberated | |
回响,回荡( reverberate的过去式和过去分词 ); 使反响,使回荡,使反射 | |
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5 plunged | |
v.颠簸( plunge的过去式和过去分词 );暴跌;骤降;突降 | |
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6 treasurer | |
n.司库,财务主管 | |
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7 volatility | |
n.挥发性,挥发度,轻快,(性格)反复无常 | |
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8 equity | |
n.公正,公平,(无固定利息的)股票 | |
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9 braced | |
adj.拉牢的v.支住( brace的过去式和过去分词 );撑牢;使自己站稳;振作起来 | |
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10 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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11 consolidation | |
n.合并,巩固 | |
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12 gorges | |
n.山峡,峡谷( gorge的名词复数 );咽喉v.(用食物把自己)塞饱,填饱( gorge的第三人称单数 );作呕 | |
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13 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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14 rebounded | |
弹回( rebound的过去式和过去分词 ); 反弹; 产生反作用; 未能奏效 | |
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