首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
There has been much chatter about bank loans to local governments’ financing vehicles, widely regarded as one of the main risks
There has been much chatter about bank loans to local governments’ financing vehicles, widely regarded as one of the main risks
admin
2011-04-11
33
问题
There has been much chatter about bank loans to local governments’ financing vehicles, widely regarded as one of
the main risks face the Chinese economy. Set up by local 【1】______
governments to borrow money for infrastructure investments, these vehicles are rather like Western
companies’ special purpose entity vehicles. They have 【2】______
played an important role in stimulating the Chinese economy and helping it to recover from the global financial
crisis. But they face a problem, either: The bank loans they 【3】______
have received have increased extraordinary. 【4】______
Local governments at levels have set up their 【5】______
investment companies, some of which are directly
controlled by the leaders responsible for fundraising for
their pet projects. These companies take a variety of forms
dependable on the industries and sectors they belong to. 【6】______
There are thousands of such companies across the
country, in which sometimes are even irregular. Some of 【7】______
them, particularly those operating at the county-level, will not be able to service their debts.
It is thus reasonable to be alarmed. But it is still too late 【8】______
to say that the level of non-performing bank loans will
increase drastically even we cannot estimate the precise 【9】______
number and amount of loans given to local governments until the formal assessment is completed at the end of this year.
To general the special vehicles’ business model we 【10】______
have to go back in history.
选项
答案
entity
解析
special purpose entity/vehicle,简称SPE或SPV,即“特殊目的实体/载体”。其职能是购买、包装证券化资产和以此为基础发行资产化证券,是指接受发起人的资产组合,并发行以此为支持的证券的特殊实体。SPE的业务范围被严格地限定,所以它是一般不会破产的高信用等级实体。SPE在资产证券化中具有特殊的地位,它是整个资产证券化过程的核心,各个参与者都将围绕着它来展开工作。两者只是称呼不同,实指相同。故去掉entity。
转载请注明原文地址:https://jikaoti.com/ti/pLpYFFFM
0
专业英语八级
相关试题推荐
AboutWetlandsintheU.S.A.Peopleenjoyafamoussoup(SHE-CRABSOUP)inNorthCarolinabecausethedaysoftheregionalso
GoalTrimmerUtopiasaresupposedtobedreamsofthefuture.ButtheAmericanUtopia?Latelyit’sadreamthatwas,atwilit
Becausesomeresourcesmustbeallocatedatthenationallevel,wehavecreatedpolicieswhichreflecttheaggregatedattributes
ThebeginningofwhatwastobecometheUnitedStateswascharacterizedbyinconsistenciesinthevaluesandbehaviorofitspop
A、registerwithauniversityB、paythefullcostinadvanceC、studyinBritainatleast6monthsD、beregisteredonatleast6c
Twotechniqueshaverecentlybeendevelopedtosimplifyresearchandreducethenumberofnonhumanprimatesneededinstudiesof
InBritaininthemiddleoftheeighteenthcentury,requisiteconditionswereinevidenceformakingthatnationthefirstgreat
Therearetwomainmethodsoforganizinggovernments—theunitarysystemandthefederalsystem.Theunitarystateplacesmost
TheAmericanTaxSystemGovernmentsraiserevenuesthroughtaxation.Ataxisa【1】______paymenttogovernment.IntheUnit
TheidealseasonforplantingthecropinthemainfieldisJuly-AugustorNovember-December.Plantingisdoneonraisedbedsof
随机试题
简述构成多式联运必须具备的条件。
下列哪种结核病患者不适合腹腔镜检查
(2009)在选址阶段,可暂不收集下列何种基础资料?
企业几项资产的组合生产的产品存在活跃市场的,无论这些产品或者是其他产品是用于对外出售还是企业自用,均表明这几项资产的组合能够独立创造现金流入。()
个人独资企业财产不足以清偿债务的,投资人应当以其个人的其他财产予以清偿。()
H公司是一个高成长的公司,目前每股价格为20元,每股股利为1元,股利预期增长率为6%。公司现在急需筹集资金5000万元,有以下3个备选方案。方案一:按照目前市价增发股票250万股。方案二:平价发行10年期的长期债券。目前新发行的10年期政府债券的到期
根据国家相关标准,导游人员是指()的人员。
文艺复兴与宗教改革是宣称追求同一目的的两场不同的运动,它们所追求的目的一样,而追求的手段却截然相反,以致人文主义者和新教徒之间互怀敌意。对二者“追求的手段却截然相反”的理解正确的是()。
喇嘛教
设A,P均为3阶矩阵,PT为P的转置矩阵,且PTAP若P=(α1,α2,α3),Q=(α1+α2,α2,α3),则QTAQ为()
最新回复
(
0
)