So once confidence returns, the Fed must act to withdraw excess liquidity and raise interest rates.

Excess liquidity encouraged the spread of powerful short-term incentives in the financial institutions.

过剩流动性导致强有力的 短期 激励措施在金融机构中颇为流行.

However, we estimate that the latest rise will not change the excess liquidity situation of banks.

但是, 我们认为银行系统流动性过剩的局面难以扭转.

Today excess liquidity ( money growth minus GDP growth ) is growing at its fastest pace on record.

今天,过剩流动 ( 货币增长减去GDP增长 ) 呈现出前所未有的增长势头.

Excess liquidity is no longer deemed excessive.

额外的流动性不再被视为是过度的.

Unlikely to change excess liquidity.

流动性过剩难以遏制.

In my opinion the time being will not be excess liquidity.

我认为暂时还不会出现流动性过剩.

How the suppression of excess capacity, will generate strong signal to private enterprise sense.

而究竟如何抑制过剩产能, 将对民营企业产生强烈的信号意义.

Another round of huge increases in excess capacity and current account surpluses seems inevitable.

另一轮过剩产能和经常账户盈余的大幅增长已成必然.

In green technology, China has figured out ways to turn excess capacity to its advantage.

在绿色技术方面, 中国已经找到了让过剩产能为自己服务的方法.

Excess capacity could put downward pressure on car prices just when manufacturers are facing surging costs.

眼下汽车制造企业已经在为成本不断上升而挠头,产能过剩的问题则可能给车价带来更多下行压力.

There is massive excess capacity in technology today.

目前的技术能力大规模过剩.

Both are reeling from excess capacity.

这两个板块都存在过多的滞销产品.

The incentives to build excess capacity are reduced and over-investment should decline.

随着建设过剩产能的积极性下降,过度投资应该会减少.

China does have excess capacity in a few sectors, most notably steel.

中国的一些部门的确有产能过剩的现象, 最明显的就是钢铁业.

We will accelerate adjustments in industries with excess capacity.

加快产能过剩行业调整.

Excess capacity will not change the pace of rising steel prices.

产能过剩不改钢价上涨步伐.

First and foremost, the world economy has massive excess capacity.

首先, 全球经济产能大量过剩.

After middle period of Qing Dynasty, the proprietorship of soil was changed from patrician to fresh landholder, and management method was changed from slavery to tenancy.

清朝中叶以后出现旗地向民地转化的趋势，经营方式则由传统的农奴制向租佃制转变。

Land was seemingly limitless in extend and, therefore, not highly priced, and almost every colonist wanted to be a landholder.

土地似乎广阔无垠，因此价钱不高，而几乎所有的殖民地人都想成为土地拥有者。

Born on a sugar plantation in eastern Cuba on August 13, 1926, Fidel Castro Ruz was the son of a Spanish immigrant landholder and a household servant.

菲德尔.卡斯特罗1926年8月13号出生在古巴东部一个甘蔗种植园，父亲是一个从西班牙移民到古巴的种植园主，母亲是一个家庭佣人。