夏说晨读2016年08月08日【Monday】
Uber reached a deal to sell its operations in China to DidiChuxing, its arch-rival there, an acknowledgment that its costly campaign to conquer the ride-sharing market in China is over.
Uber is taking a 17.7% stakein Didi as a consolation prize.
Uber and Didi had spent billions in a fare war;this week Uber’s fares reportedly soared.
Arch-rival: 主要对手
Acknowledgement:承认
Costly:昂贵的
Conquer:征服
Ride-sharing:拼车
Consolation prize:安慰奖
Fare war:价格战
Soar:高企
夏说晨读2016年08月09日【Tuesday】
Zhou Xiaochuan said high leverage made firms prone to macroeconomic risk.
He told a conference of officials and international business leaders in Beijing that China needed “more robust” capital markets in order to boost equity rather than debt finance.
Prone to: 有……倾向
Macroeconomic:宏观经济的
Robust:活力
Boost:激活
Equity:资本市场
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