时间:2018年02月19日 06:11:12

Another sign of stability in China#39;s economy: China#39;s property prices were deflating at a slower pace for the second month in a row in May.5月,中国房价跌势连续第二个月趋缓,这是中国经济趋稳的又一个表现。New home prices in 70 cities fell by an average 5.7 per cent year-on-year last month, based on calculations by Reuters from official data published by China#39;s National Bureau of Statistics. In April , they had also deflated at a record pace of 6.1 per cent. Records go back to 2011.根据路透社(Reuters)的计算,上个月中国70个城市的新房价格平均同比下跌5.7%。今年4月,房价平均跌幅为6.1%,是2011年有记录以来的最大跌幅。这一结果是路透社根据中国国家统计局(National Bureau of Statistics)的官方数据计算得出的。The index has been deflating for nine months now, year-on-year, but on a monthly basis there are signs of a pick-up: of the 70 cities tracked, 41 recorded falls last month, versus 47 in April.该指数已同比连续下跌9个月。不过,环比来看楼市有复苏的迹象:在跟踪研究的70个城市中,上个月有41个城市录得房价下跌,低于4月份的47个城市。In Beijing prices were down 2.3 per cent year-on-year, versus -3.2 per cent in April. In Shanghai prices slipped 2.3 per cent, from -4.7 per cent in March.北京房价同比下跌2.3%,相比之下4月份跌幅为3.2%。上海房价同比跌幅2.3%,也低于3月份4.7%的跌幅。Last week data showed industrial output and retail sales each rising a bit, indicating that stimulative action from Beijing policymakers were filtering through to the economy, which in the three months to March had its slowest quarter in six years.上周,数据显示中国规模以上工业增加值和社会消费品零售总额均有小幅上涨,表明中国政府采取的刺激举措正在对中国经济产生影响。对于中国经济来说,截至3月份的3个月是6年来增长最慢的一个季度。Since November the People#39;s Bank of China has cut benchmark interest rates three times. In March it also lowered the minimum downpayment required on second homes.自去年11月份以来,中国央行(PBoC)已经3次降低基准利率。今年3月,该行还曾下调购买二套房的首付比例。 /201506/382067

It’s easier to stumble on Taste of Northern China than to find it. The address is 88 East Broadway, but the storefront is around the corner, on Forsyth Street, with a mysterious 106 above the door (a suite number, it turns out). The name Taste of Northern China appears on the but not on the sign out front, or at least not in English — the Chinese characters translate roughly as Northern Delicacies, with the not-so-helpful English addendum China Local Cuisine.偶遇“北方美食”可能还容易些,专门去找反倒不易。它的地址是百老汇东88号,但是店面实际上在街角另一边的福赛斯街,正门上方有个神秘的106号(后来才知道是套房的编号)。菜单上有英文店名Taste of Northern China,门面上只有中文店名,旁边加的英文注释“China Local Cuisine”(中国地方美食)没有太大帮助。No matter. You’re here now, with a fistful of skewers in loose foil, smoky, salty and heady with cumin and chile: a talonlike whole green pepper, longer than the stick it’s impaled on and crazily hot; string beans cut into two-inch clips and speared horizontally, evoking vertebrae; beautifully tender little chicken hearts, lean and closer to steak than chicken; nubs of translucent beef tendon, to work the jaw; cauliflower freckled with char; a squid’s snaking arm.不管怎样,反正你已经来了,手里拿着一把烤串,它们用箔纸松散地包着,散发出烟熏味和咸味,上面撒着诱人的孜然和辣椒:整只尖青椒像爪子一样,比竹签还长,特别辣;四季豆切成两英寸长的条,横着串起来,让人想起脊椎;柔嫩的小鸡心含脂肪少,更像牛排,不像鸡肉;透明的牛筋块很有嚼头;花椰菜上布满碳烤的斑点;鱿鱼腿像蛇一样弯曲。Best is the griddle pancake, as it’s called on the , a disc of dense yet somehow still fluffy flatb that suggests an oversize English muffin, dusted (no, that’s too delicate a word — dredged) in more of that salt-cumin-chile mix and thrust on two skewers to stay upright. It is such a pleasure to carry it, like a lollipop, through the streets of Chinatown, taking small bites of the warm, fragrant b with the sheerest barbecue crust. Someone could serve these at Smorgasburg with artisanal salts and make a killing.最好吃的是烤馕,它是一种扁圆面包,筋道而又不失蓬松,有点像大号英式松饼,串在两根竹签上以保持直立,上面洒着(不对,应该说是涂着)更多盐、孜然和辣椒混合物。它就像个棒棒糖,拿着它走在唐人街的大街小巷上,咬一小口这温暖芳香的面包(外层像烧烤的脆皮),很有幸福感。要是有人在Smorgasburg美食跳蚤市场上供应这种烤饼,和艺术盐一起卖,一定会很畅销。A staple of the Uighur community in northwestern Xinjiang Province, the b appears elsewhere on the stuffed with long-braised, half-collapsed pork with flickers of ginger, garlic, cassia, cloves, coriander and star anise — a Chinese burger, or rou jia mo. It shows up in soup, too, chopped down to the size of mah-jongg tiles and bobbing among translucent mung-bean noodles and thin, pliant strips of lamb.这种馕是中国西北部新疆的维吾尔人的主食。它还出现在菜单的其他地方,比如肉夹馍,就是把猪肉用姜、蒜、桂皮、丁香、芫荽和大茴香炖得烂熟,用这种饼夹着。这种馕还出现在汤里,被切成麻将块大小,和透明的绿豆粉丝、柔韧的薄羊肉片一起在汤里浮动。The restaurant’s owner, a robust woman named Hui Jun Wang, is from Henan Province in the east, on the North China Plain. Seamed with rivers and railways, with six other provinces at its borders, Henan has been crossed by strangers from strange lands since Silk Road days. Perhaps accordingly, the here draws a wide map.这家餐馆的主人是个健壮的女人,名叫王慧君(音译),来自华北平原的河南省。该省河流与铁路线纵横交错,与六省接壤,从丝绸之路时起就有南来北往的旅人经过。也许这就是餐馆菜单融合了好几省美食的原因吧。From Hubei Province, Henan’s southern neighbor, comes re gan mian, or hot-dry noodles: muscular strands, clingy but not sticky, cooked the night before and doused with sesame oil, then cooked again and tumbled with sesame paste, salted chiles and scallions. This is breakfast in Wuhan, Hubei’s capital, and hot only in temperature, more punchy than spicy.热干面来自河南省南侧的湖北省:面条筋道,有黏性但不粘牙,前一晚煮好,淋上芝麻油,第二天早上再煮一下,加入芝麻酱、咸辣椒和葱花搅拌。它是湖北省省会武汉的早点,这里的“hot”是说面条是热的,并不太辣,很有嚼头。The former occupant of the shallow, stall-like space was Xi’an Famous Foods, now a thriving restaurant chain. A few Xi’an specialties, from Shaanxi Province to the west, are reprised here, including liang pi, gluten noodles in sesame paste and rousing vinegar, with the balance tilted toward the tang. Rugged hunks of gluten are tossed in, springy touches among crunchy sprouts, peanuts and cucumber.“北方美食”位于一处路边摊式的狭窄空间,以前属于一家名叫“西安名吃”(Xi’an Famous Foods)的餐馆,如今“西安名吃”已发展成一个兴隆的餐饮连锁公司。西安是河南省西侧的陕西省的省会,那里的几种特色小吃这里也有,比如凉皮,它是一种面筋面条,以芝麻酱和爽口的陈醋调味,两者相得益彰、味道浓郁,并配上粗糙、有弹性的面筋块以及脆脆的豆芽、花生和黄瓜。Qishan noodles, also from Shaanxi, are chewy bands in a hot-sour broth, topped by a chile-plowed heap of minced pork, carrot, wood-ear mushrooms and day-lily buds, with the faintest leavening from a crush of fresh parsley. “It looks like an exploded dumpling,” one of my companions said, and then we fell silent, chopsticks warring over it. (Note that this dish appears on the paper as “noodles with ingredients” and on the photo as simply “pork noodles.”)岐山臊子面也来自陕西,面条筋道,汤是酸辣味的,里面有辣味碎猪肉、胡萝卜、木耳和黄花菜混合物,新鲜的碎欧芹更为之增添风味。“看起来像是饺子爆炸了,”一个同伴说。说完我们都陷入沉默,开始用筷子跟面条大战。提醒一下,这种面在纸质菜单上写的是noodles with ingredients(带配料的面条),在配照片的菜单上只简单地写着pork noodles(猪肉面条)。The widest noodles of all lurk in a nearly red broth mobbed by hunks of beef, cabbage and whorls of onion, with the added vehemence of doubanjiang, hot fermented bean paste, in the style of Sichuan Province to the southwest.最宽的面条隐藏在近乎红色的汤里,被牛肉块、卷心菜和洋葱卷包围,调料是浓烈的豆瓣酱(来自中国西南部的四川省)。Yes, the tiles are slightly grubby. There are only a few stools along an orange wall. The Manhattan Bridge rattles above. You must pay in cash, but this is easy at .25 a skewer, with not a dish over .是的,瓷砖有点脏。只有几张凳子放在一面橘色的墙边。曼哈顿大桥的喧闹在头顶响起。必须用现金付,但这不是什么问题,因为一个烤串才1.25美元,一餐不会超过8美元。On a recent evening, after my friends and I had finished eating at the counter, Ms. Wang bustled out from behind the cash register, smiling and making shooing gestures. There were customers waiting on the sidewalk, and we’d lingered long enough.前不久的一个晚上,我和朋友们在柜台边用完餐,王女士急忙从收银台后面跑过来,微笑着示意我们离开。人行道上有顾客在等,我们逗留的时间太长了。 /201409/329878

It is scarily circular when a company can lend money that may end up financing the buying of its own shares. At Chinese brokerages this might easily happen: nearly one-fifth of the free float of their shares is owned by investors who have borrowed money to buy them (otherwise known as buying on margin.) Across the market as a whole, margin lending in China’s mainland A share markets has quintupled in a year, to reach 0bn. That is one-tenth of the market’s free float, according to broker estimates.如果一家公司贷款的成果只是为购买自己的股票融资,那将形成一个可怕的循环。这种事情可能正发生在中国券商身上:它们近五分之一的自由流通股由借钱购股(这被称为融资交易)的投资者所有。从整个市场来看,中国内地A股市场的融资规模在一年内增长4倍,至3500亿美元。根据券商的估计,这占市场自由流通股规模的十分之一。Such statistics should frighten, and the market is finally scared. Last Friday the Shenzhen and Shanghai indices dropped 7 per cent apiece. A correction was overdue. Before last friday, Shanghai’s index had returned 40 per cent in the year to date. Racier mainland sibling Shenzhen — which holds more technology and healthcare companies — had doubled in the same period. The indices were no longer cheap. Shenzhen trades at 30 times 2016 earnings estimates, half again as much as the US Nasdaq, although it offers more earnings growth. Still, the growth prospects have not inspired the rally: that has mostly come from a liquidity-driven re-rating. Economic recovery has yet to materialise.这些数据应该让人害怕,而市场终于感到害怕了。上周五,沪深股指各下跌7%。市场回调早该出现了。在上周五之前,上综指今年迄今的回报率为40%。表现更为活跃的深成指(拥有更多科技和医疗企业)同期翻了一番。中国的股指不再廉价。深圳股市2016年预期市盈率为30倍,两倍于美国纳斯达克指数(Nasdaq),尽管它提供较高的盈利增速。然而,推动股市近期上涨的原因并非增长前景:此轮涨势的主要推动力是由流动性驱动的价值重估。经济复苏尚未成真。Not all Chinese stocks look pricey. Further south languishes Hong Kong, where the China-related H share index trades on a mere 8 times 2016 earnings. It has returned a relatively paltry 11 per cent this year. With reason, perhaps. Its companies — mostly banks, property and carmakers — are not as sexy as cousins across the border (such as Shenzen’s Wuhan Golden Laser, trading on 666 times historic earnings).并非所有中国股票看上去都很昂贵。再往南一点的香港股市处于低迷状态,与中国内地相关的H股指数的2016年预期市盈率只有8倍。该指数今年的回报率只有区区11%。这或许是有原因的。该指数的成分股(多数为、房地产公司和汽车制造商)并不像边界另一侧的深圳股市那样令人兴奋(例如深圳上市的武汉金运激光(Wuhan Golden Laser),历史市盈率高达666倍)。Away from the H shares, Hong Kong has more opportunities. Boring, old-fashioned businesses, including circuit board maker Kingboard Chemical, or glassmaker Xinyi Glass , trade on single-digit multiples of 2016 earnings. They yield nearly 4 per cent. Despite this week’s scary headlines, not all Chinese stocks should engender fear.抛开H股,香港有着更多机遇。乏味、老派企业的2016年预期市盈率为个位数,包括电路板制造商建滔化工(Kingboard Chemical)或玻璃制造商信义玻璃(Xinyi Glass)。它们的股息收益率接近4%。尽管上周的新闻很可怕,但并非所有中国股票都应当带来恐惧。 /201507/383529

Japan begins whaling season with meat feast for school children日本一年一度捕鲸季节开始 小学生被邀请品尝鲸鱼肉(C N N) -- Whalers from a Japanese coastal town have celebrated the start of this year#39;s hunting season by slicing up a whale in front of a crowd of school children.日本海岸城市的捕鲸人在一群小学生面前宰杀了一头鲸鱼,以此来庆祝今年捕鲸季节的开始。In the town of Wada, 62 miles (100 kilo meters) south of Tokyo in Chiba prefecture, dozens of 10- year- old students watched Thursday as workers carved up a 30-foot Baird#39;s beaked whale during an educational field trip, before being served a meal of fried whale meat.在东京南部62英里千叶市管辖区的wada,一群约10岁左右的学生在他们春游时,观看了一个大约30英尺高的贝氏喙鲸在端上餐桌前被屠杀的过程。Whaling remains a way of life for fishermen in Wada, and they are eager to pass on the trade to the next generation. Children are taught about the history of whaling, the biology of the animals, and how to cook the meat.在Wada,捕鲸仍是他们生活的一部分,而他们也急于将这一传统传递给下一代。他们教授孩子们捕鲸的历史,鲸鱼的生物知识以及如何烹饪鲸鱼肉。Whalers say they#39;ve been catching and eating whales in the area for centuries. This year#39;s hunting season, which began on June 20, is the first since an international court ordered Japan to end its controversial research whaling expedition in the Antarctic, after failing to find evidence the program had legitimate scientific value捕鲸人说在这个地方,他们捕鲸吃鲸的历史已有百年了。自从联合国海牙国际法庭作出判决要求日本终止在南极海以科学调查的名义的捕鲸活动,今年6月20号开始的捕鲸季是第一个。So far this year, Gai bo Whaling Company has hunted six whales in the city#39;s coastal waters and plans to catch another 24 before the season ends in August.直到现在为止,Gai bao捕鲸公司已在城市周边海域猎杀了6条鲸鱼并计划在八月捕鲸季结束前再猎杀24条。Despite the Antarctic ban and growing pressure from the international community, Japan has continued it s northwest Pacific scientific whaling mission. It is also eager to revise it s Antarctic program to allow the hunt to continue while satisfying the demands of the U. N.#39;s International Court of Justice.尽管有不允许在南极海捕鲸的禁令,还有来自国际社会的不断施压,日本仍然继续了他们在西北部太平洋的捕鲸科研任务。他们也非常迫切的想要修改他们在南极海的捕鲸科研计划,以获得联合国国际法庭的允许能够继续捕鲸。In Japan#39;s parliament last month, Prime Minister Shin zo Abe said he would like the country to resume commercial whaling ;in order to obtain scientific information indispensable to the management of the whale resources.;上个月在日本议会中,首相安倍晋三说他希望日本能继续商业捕鲸,“以此来获得对鲸类必不可少的科研信息。”But environmentalists say Japan#39;s whaling research program is a thinly veiled attempt to circumvent a ban on the commercial whale meat trade.但是环境保护者则说日本的捕鲸研究项目是为了规避商业鲸肉贸易的禁令。Patrick Ramage from the International Fund for Animal Wel fare believes it#39;s time Japan moved from killing whales to conserving them.国际动物福利基金会的Patrick Ramage认为日本应该停止捕鲸、保护鲸鱼了。;Respect for cultural differences is fundamental, but friends of Japan and fans of Japanese culture around the world are watching this with sadness,; Ramage told C N N#39;s Will Ripley.Ramage这样告诉C N N的Will Ripley:“尽管尊重文化差异至关重要,但是许多日本朋友以及对日本文化感兴趣的人们都注视着他们的行动,并且为之感到难过。”;Japanese school children should be meeting whales through whale watching, not eating whale meat,; he said.他说:“日本学生应该通过鲸鱼表演时观看鲸鱼,而不是在餐桌上。”Japan#39;s supporters of eating whale meat say that it is a tradition that dates back hundreds of years, and accuses western critics of cultural imperialism. But consumption rates across the country have fallen in recent years, leading to large stock piles of whale meat.日本鲸肉持者则说,这是已有上百年历史的日本传统,并指责西方批评家们的文化帝国主义。但是全国的鲸肉购买率今年已经下降了,导致大量鲸肉滞存。Last month, Japan#39;s Agriculture, Forestry and Fisheries Ministry released a photo of the agriculture minister Yoshimasa Haya shi eating a bowl of whale meat to encourage other Japanese citizen to do the same, and visitors to the ministry were given free samples of the delicacy.上个月,日本的农林水产部发表了一张部长长林方正吃鲸肉的照片,以此来鼓励日本国民。而去部里参观的游客也会得到免费的相关样品。In a survey of Japanese people released in April, only 4% of respondents said they ate whale meat occasionally, compared to 37% who said they didn#39;t eat i t at all.四月一份对日本人民的调查显示,只有4%参与调查的人们说他们经常吃鲸肉,另有37%的人们说他们从没吃过。 /201408/322120

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