帮忙翻译下经济文章2
来源:百度知道 编辑:UC知道 时间:2024/06/25 23:10:27
The mechanism behind such adjustment was that most overseas investors are based in Europe and America, not Hong Kong. In the event of an A-share plunge, they will make adjustments in investment. But because of the incomplete opening of the A-share market, capital cannot be withdrawn by the adjustment of A-share investments. In the long run, international investors hope to get more involved in China, but the H share or the red chip share is the only choice for short-term adjustment. This explains why Hong Kong’s stock market continued to fall after the A-share market was stabilized. The reason for such investment adjustment is that overseas investors may have placed a considerable proportion of real investments in the Chinese mainland.
On the other hand, China already holds sizeable overseas assets, of which foreign exchange reserves have reached US$1.2 trillion. Although the growth of fixed asset investment has slowed down, trade surplus and foreign exchange reserve are climbing
On the other hand, China already holds sizeable overseas assets, of which foreign exchange reserves have reached US$1.2 trillion. Although the growth of fixed asset investment has slowed down, trade surplus and foreign exchange reserve are climbing
在这种调整背后的机制是,多数海外投资者的总部设在欧洲和美国,而不是香港。如果在A股暴跌,他们将作出调整,投资。但由于不完全开放的A股市场,资金不能撤回的调整, A股投资。从长远来看,国际投资者希望能更多地参与中国,但H股或红筹股市场份额的唯一选择短期调整。这就解释了为什么香港股市持续下跌后, A股市场稳定。其原因是这类投资的调整,海外投资者可能寄予了相当大的比例的实际投资大陆。
另一方面,中国已拥有庞大的海外资产,其中外汇储备已达到1.2万亿美元。虽然固定资产投资增长放缓,贸易顺差和外汇储备的上升。其结果是,储蓄是保持高输出与国内流动性过剩。在五年内,我国的外国直接投资可能会遇到扭转,高于与流出流入。