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Second, you have leveraged your equity into two growth channels, the stock market and appreciating house prices.

其次,你有你的杠杆股本两成的增长渠道,股市升值和房价。

My conclusion is that the case for an appreciation of the Chinese real exchange rate has merit, from a global perspective.

我的结论是,要求中国实际汇率升值,从全球的视野来看,是有道理的。

That's especially the case if asset appreciation morphs into a bubble.

如果资产升值转化为泡沫就更是如此。

Fourth, high-risk policy decisions, such as the much-mooted option to revalue the renminbi against the U.S. dollar by 10% in one step, are definitely off the table.

第四,高风险的政策决定,如备受酝酿选择升值,人民币对美元上升百分之十一个步骤,肯定是小康之列。

This means that China will inevitably allow the yuan to appreciate further in 2007 (though not as sharply as worriers in Washington, DC, would like), while also further relaxing capital controls, to keep the growth of money supply at least partly in check.

这意味着中国会无法避免地在2007年继续让人民币升值(尽管不会有美国预料的那么快)。同时中国也会适当放松对资本的控制,以使货币供应的增长至少部分地得到控制。

Chinese officials are likely to stand firm in resisting Paulson's urgings to let the yuan gain faster against the dollar, the finance ministry's Zhu said.

中国官方可能会抵制保尔森督促人民币加速对美元升值的主张,财政助理朱光耀说。

And as China wisely sterilises these inflows, we can expect a continuing build-up of reserves, with this being used by speculators and their allies as an argument for further revaluation.

由于中国明智地&中和&了热钱流入,我们可以预期中国的外汇储备会继续增加,投机者及其同盟会利用这一点主张人民币继续升值

As a result, the appreciation of the renminbi, hot money inflows, boost china's real estate, real estate, mining, shares, securitise, ect..., to form china's economy in full swing.

因此,人民币升值,热钱流入,炒热中国的房产、地产、矿业、股票、证券等等,形成中国经济热火朝天的局面。

As part owner,you benefit by receiving part of the profits or dividends and sharing in the growth of the value of the company.

作为公司的部分领有者,你有权分享公司发展所带来的利润或者盈余和公司发展所带来的升值

This paper focuses on the appreciation of the renminbi on the impact of the stock market mechanism.

这篇论文主要研究人民币升值对证券市场的影响机制。

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