一周热词榜（10.29-11.4）

2. 资产泡沫
asset bubble

请看例句：

At a recent meeting of the Political Bureau of the Communist Party of China Central Committee, the leaders warned that monetary policy priorities should be directed at curbing an asset bubble and guarding against financial risk, while ensuring adequate liquidity.
近日举行的中共中央政治局会议上，领导层警示货币政策应注重在保持流动性合理的同时，抑制资产泡沫，防范金融风险。

相较于大宗商品(bulk stock)、股市、债市等其他资产市场，当前楼市(housing market)的泡沫最为明显。当经济处于转型阵痛(go through restructuring pains)时，热钱和投机者便会转向房地产业寻求利润(hot money and speculators turn to the real estate industry for profits)，甚至有上市科技公司将有限的科研资金用来投资房地产。然而城市的竞争力在于产业，而非低附加值(yield little added value)的房地产市场。资产泡沫(asset bubble)和债务风险(debt risks)已成为最可能导致流动性危机和经济动荡(trigger a liquidity crisis and economic turbulence)的因素。

观察人士称，政府为房地产市场降温(take the steam off the property market)之后，资金才会流向实业(capital flows into the real economy)。资产泡沫得到控制，社会的创新精神才不至于被伤害。目前一线城市的银行都已经收紧对购房者的新增贷款，北京市甚至在卖地给房产开发商时对住宅进行限价(put a ceiling on apartment prices for land it sells to real estate developers)。

[相关词汇]

充足的信贷 ample credit

提供短期贷款 offer short-term loan

首付 downpayment

挤压杠杆 squeeze leverage

抑制泡沫 curb bubble

经济企稳 economy stabilize

削减产能过剩 slash overcapacity

选择性收紧 selective tightening