中国人民银行拟实施"托宾税" 抑制外汇投机活动

 China's central bank has drafted rules for a tax on foreign-exchange transactions in a step to stem speculators, according to Bloomberg News.

据彭博社报道，中国人民银行已经草拟了对外汇交易征税的规则，以抑制投机活动。

Known as the "Tobin tax", it is designed to raise the cost for spot currency conversions¹, and is described by its originator, Nobel-winning economist² James Tobin, as "throwing sand in the wheels of speculators". Citing anonymous³ sources, Bloomberg reported on Tuesday that the initial rate may be kept at zero to allow authorities to refine the rules.

这种税名为"托宾税"，旨在提高现货外汇交易的成本，是诺贝尔经济学奖得主詹姆斯·托宾提出的，他称"托宾税"是"往投机者的车轮下掷些沙子"。彭博社引用匿名消息人士的话称，初始税率可能为0，以便更好地改善税制。

The People's Bank of China didn't immediately respond to request for comments. Vice-governor Yi Gang has raised the possibility on several previous occasions but did not hint whether it would materialize any time soon.

中国人民银行没有马上对该信息评论做出回应。此前，副行长易纲曾在多个场合提出了可能性，但并未暗示是否这会在短期内实现。

中国人民银行拟实施"托宾税" 抑制外汇投机活动

The problem with the "Tobin tax", according to Tommy Ong, managing director for treasury⁴ and markets at DBS Hong Kong, is it can't guarantee less volatility⁵ in the market since it's difficult to identify if currency trading is due to speculation⁶ or the genuine need of companies hedging their foreign-exchange exposure.

香港星展银行财务部及市场部总经理Tommy Ong表示，托宾税的问题在于，它无法保证市场波动将平息，因为很难分辨市场上的外汇交易是投机性行为，还是公司正常对冲风险的需求。

In Hong Kong, the offshore⁷ yuan fell 0.12 percent to 6.5189 per dollar on Wednesday. After the worst start to a year in two decades, the yuan has strengthened 1.6 percent since Jan 7.

在香港，周三，离岸人民币下跌百分之0.12至每股6.5189美元。在经历了二十年来最糟糕的开年之后，自1月7日以来，人民币已经升值了百分之1.6。

PBOC Governor Zhou Xiaochuan said at a Saturday news conference that it is difficult for him to predict movement in the exchange rate, but "despite volatility, calm and normalization⁸ always follow a period of turmoil⁹".

央行行长周小川在周六的新闻发布会上表示，对他来说，现在很难预测汇率的波动。尽管会有些波动，但是在动荡时期之后，总会回归平静和常态化的。

 

1 conversions   

变换( conversion的名词复数 )； （宗教、信仰等）彻底改变； （尤指为居住而）改建的房屋； 橄榄球（触地得分后再把球射中球门的）附加得分

参考例句：

• He kicked a penalty goal and two conversions, ie in Rugby football. 他一次罚球得分，两次触地后射门得分（在橄榄球赛中）。
• Few of the intermediates or enzymes involved in these conversions have been isolated from higher plants. 在这些转变中包含的少数中间产物或酶已经从高等植物中分离出来。

2 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。

3 anonymous   

adj.无名的；匿名的；无特色的

参考例句：

• Sending anonymous letters is a cowardly act.寄匿名信是懦夫的行为。
• The author wishes to remain anonymous.作者希望姓名不公开。

4 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

5 volatility   

n.挥发性，挥发度，轻快，（性格）反复无常

参考例句：

• That was one reason why volatility was so low last year.这也是去年波动性如此低的原因之一。
• Yet because volatility remained low for so long,disaster myopia prevailed.然而，由于相当长的时间里波动性小，灾难短视就获胜了。

6 speculation   

n.思索，沉思；猜测；投机

参考例句：

• Her mind is occupied with speculation.她的头脑忙于思考。
• There is widespread speculation that he is going to resign.人们普遍推测他要辞职。

7 offshore   

adj.海面的，吹向海面的；adv.向海面

参考例句：

• A big program of oil exploration has begun offshore.一个大规模的石油勘探计划正在近海展开。
• A gentle current carried them slowly offshore.和缓的潮流慢慢地把他们带离了海岸。

8 normalization   

n.（normalisation）正常化，标准化

参考例句：

• The visit signalled the normalization of relations between the two countries.这次访问显示两国关系已经正常化。
• He was pleased to the normalization of relationship between the police and the people.他很高兴警方和人民之间关系的正常化。

9 turmoil   

n.骚乱，混乱，动乱

参考例句：

• His mind was in such a turmoil that he couldn't get to sleep.内心的纷扰使他无法入睡。
• The robbery put the village in a turmoil.抢劫使全村陷入混乱。