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1

HSBC economist Qu Hongbin said the reading confirmed that 'China is moderating rather than melting down . '

汇丰银行（HSBC ）经济学家屈宏斌说，PMI 指数证实，中国经济正转趋温和，而不是快要完蛋。

2

It is to be hoped that stabilisation in property prices will help to contain and gradually reduce negative equity.

希望楼价转趋稳定有助遏止及逐步灭轻负资产问题。

3

Until the outlook became clearer , the markets were expected to be volatile .

在投资前景转趋较明朗之前，预期市场仍会波动。

4

The increase in US bond yields in relative terms points to a firmer USD over the near term .

相对来说，美国国债孳息率上升显示美元似乎会于短期内转趋稳健。

5

Private consumption expenditure should advance further , buoyed by improved employment income and positive developments in the asset markets .

由于收入增加，加上资产市场转趋活跃，私人消费开支预计会进一步上升。

6

However , in its latter years, when economic fortunes turned south, the LDC was constrained by three major hindrances .

不过，随经济环境转趋恶劣，土发公司的工作亦受制于以下三大障碍。

7

Once again the public opinion was turned against the war .

公众意见再度转趋反战。

8

If the Fed surprises the market and turns more hawkish it will pose a risk to the sizable amount of dollar shorts in the market .

如果美联储政策立场意外转趋强硬，则市场中的大规模美元空头将面临风险。

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