Advanced business english
Advanced Business English 1
Chapter 1 Why China Works?
Chapter 1 Why China Works？ 2
Words and Expressions 1. exotic eg. there are some exotic words in english language 2. intrigue eg Perhaps the most intriguing evolution in Chinas hybrid markets is in the way leaders are tracking public opinion. Savvy management of public opinion may prove crucial as economic conditions head south
Words and Expressions 1. exotic • eg. There are some exotic words in English language. 2. intrigue • eg. • Perhaps the most intriguing evolution in China's hybrid markets is in the way leaders are tracking public opinion. Savvy management of public opinion may prove crucial as economic conditions head south. 3
3. navigate eg (1) navigate a ship to the nearest port (2)navigate a bill through Parliament 4. arsenal eg In a time of crisis, China's officials can pick from traditional market tools like their western counterparts and from the arsenal of china s market economIc system
3. navigate • eg. • （1） navigate a ship to the nearest port • （2）navigate a bill through Parliament 4. arsenal • eg. • In a time of crisis, China's officials can pick from traditional market tools, like their Western counterparts, and from the arsenal of China’s market economic system. 4
5. incentive eg. (1) Many companies in Britain are keen on the idea of tax incentives for r&D (2) Early last year, as the housing market was overheating they simply ordered bankers to cut back on housing loans: then as home sales began to fall, they offered market incentives, like lower taxes on home purchases 6. intervention eg.()armed intervention (2)But they' ve also issued orders that would be seen as improper intervention "in the West-for example, calling last week on state industries including steel and construction to actively increase"their roles in the economy by buying up new assets at home and abroad
5. incentive • eg. （1）Many companies in Britain are keen on the idea of tax incentives for R&D. • （2）Early last year, as the housing market was overheating, they simply ordered bankers to cut back on housing loans: then as home sales began to fall, they offered market incentives, like lower taxes on home purchases. 6. intervention • eg.（1）armed intervention • （2）But they've also issued orders that would be seen as improper "intervention" in the West—for example, calling last week on state industries, including steel and construction, to "actively increase" their roles in the economy by buying up new assets at home and abroad. 5