商业报道(Business Channel)12-24:中国增加对外投资

This is ground zero of China’s economical boom, tens of thousands of factories churning out just about anything the rest of the world wants to buy, and financing China’s extraordinary turnaround, in just 30 years going from Communist/ backwater to by some accounts, the world’s second biggest economy.

China has 1.5 trillion dollars worth of foreign exchange reserves built up from its exports, and now it’s spending some of that money to buy up big overseas, it’s got a 200 billion-dollar/ war chest taken from those reserves to start with, and an insatiable demand for energy, resources, financial services, tech firms, IT providers, anything that will help them secure the raw materials and the expertise¹ their economy needs. The spin's so far this year modest by international standards, 5 billion/ dollars for a near 10% stake of Wall Street investment bank Morgan Stanley, and initial billion for a small stake in / fellow Wall Street of bear stearns with an option to spend billions more. 3 billion for 10% of private equity² group Black Stone plus energy deals in Africa, the Middle East, and Australia.

But it’s just the start, Standard Chartered Research Head Nicholas Kwan estimates China is laying out about 20 billion dollars this year with much more to come.

What you've seen the last year or so, is just the beginning of a new trend that China’s going out more and more actively³, to acquire the kind of resources they need for their own development.

Next year, he says that figure could be several times higher. Rumors⁴ persist that it could buy the giant mining house Rio Tinto. That deal alone / could be close to 150 billion. So where are the targets? Anywhere in the world, say analysts⁵, but Africa still looms⁶ large at energy and resources.

I thing it's persistent⁷ where they are, we can expect China to continue its long-term interest/ in Africa.

Africa has pretty much welcomed China with open arms, but the reception may not be as warm elsewhere. With / election year coming up in the US, how will politically-charged Washington view a major takeover funded with Chinese government money.

Politics always makes business sometimes tougher, so I would expect more resistance/, more time of quarrels, and rubbles, here and there.

but China is in this for the long haul, it needs to buy big overseas to protect and boost its own economic growth, as some in the investment community are now saying it’s just the start of China’s great leap outwards⁸. Andrew Stevens, CNN, Hong Kong.

1 expertise   

n.专门知识(或技能等)，专长

参考例句：

• We were amazed at his expertise on the ski slopes.他斜坡滑雪的技能使我们赞叹不已。
• You really have the technical expertise in a new breakthrough.让你真正在专业技术上有一个全新的突破。

2 equity   

n.公正，公平，（无固定利息的）股票

参考例句：

• They shared the work of the house with equity.他们公平地分担家务。
• To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。

3 actively   

adv.积极地，勤奋地

参考例句：

• During this period all the students were actively participating.在这节课中所有的学生都积极参加。
• We are actively intervening to settle a quarrel.我们正在积极调解争执。

4 rumors   

n.传闻( rumor的名词复数 )；[古]名誉；咕哝；[古]喧嚷v.传闻( rumor的第三人称单数 )；[古]名誉；咕哝；[古]喧嚷

参考例句：

• Rumors have it that the school was burned down. 有谣言说学校给烧掉了。 来自《简明英汉词典》
• Rumors of a revolt were afloat. 叛变的谣言四起。 来自《简明英汉词典》

5 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

6 looms   

n.织布机( loom的名词复数 )v.隐约出现，阴森地逼近( loom的第三人称单数 )；隐约出现，阴森地逼近

参考例句：

• All were busily engaged,men at their ploughs,women at their looms. 大家都很忙，男的耕田，女的织布。 来自《简明英汉词典》
• The factory has twenty-five looms. 那家工厂有25台织布机。 来自《简明英汉词典》

7 persistent   

adj.坚持不懈的，执意的；持续的

参考例句：

• Albert had a persistent headache that lasted for three days.艾伯特连续头痛了三天。
• She felt embarrassed by his persistent attentions.他不时地向她大献殷勤，使她很难为情。

8 outwards   

adj.外面的，公开的，向外的；adv.向外；n.外形

参考例句：

• Does this door open inwards or outwards?这门朝里开还是朝外开？
• In lapping up a fur,they always put the inner side outwards.卷毛皮时，他们总是让内层朝外。