| 1. | Although the ecb and the bank of england have sounded sanguine about tightening credit , central bankers are not entirely unperturbed
虽然欧央行和英格兰银行看来会继续收紧信贷，央行们其实也并不完全是如此坚定。 |
| 2. | “ interest rate hikes and other credit tightening policies are highly and probably imminent , a matter of weeks rather than months , ” said dong tao , an economist with creditsuisse in hong kong
瑞士信贷( creditsuisse )驻香港的经济学家陶冬表示： “加息及其它收紧信贷的政策已迫在眉睫，将在几周内发生事，不会需要几个月那么久。 ” |
| 3. | The impact would likely be limited provided that the slowdown remained concentrated in domestic demand components , but it could be more pronounced in the event of a credit crunch that affected exporting firms on the mainland as well
若经济放缓仍只集中于本地需求环节，其影响程度可能有限，但若收紧信贷同时影响到内地出口企业，上述影响便可能较显著。 |
| 4. | Such measures , which included the tightening of credit controls and adoption of more stringent trade terms , have resulted in a short term slow down in golf equipment sales due to rescheduling and or reduction of shipments to certain customers
有关措施包括收紧信贷，并采用更严格的交易条款，故措施实行初期，部分客户需要减少及或重新配置订单，因此导致高尔夫球用品销售在短期内出现减退的情况。 |
| 5. | Falling gross margins on hardware sales coupled with the increasing cost of financing due to the tight credit policies of vendors , have compelled the division to gradually shift its principal business focus from hardware integration to maintenance and service provision and to applications development
硬件产品的毛利持续下降，财务成本亦因供应商收紧信贷而日益上涨。部门有见及此，已逐步将其业务重心由硬件集成转移至系统维修支援服务及应用方案开发。 |
| 6. | Dr chan said : " we issued the notes in a highly favorable market environment against a background of increasing interest rates and continued credit tightening in the prc . the notes issue is intended to improve and enhance the matching of our group s expansion plan with its cashflow requirements and debt maturity profile .
陈博士表示：在息率趋升和中国内地持续收紧信贷的情况下，对债券发行人造就了利好的市场环境，亚洲铝业亦在此利好情况下发行了票据，以改善和巩固集团在扩展计划下的现金流量需要和借贷偿还期组合。 |
| 7. | The group s mainframe systems integration ( si ) operations have also experienced a slow - down in growth rate after years of robust expansion . falling gross margins on hardware sales coupled with the increasing cost of financing due to the tight credit policies of vendors , have compelled the division to gradually shift its principal business focus from hardware integration to maintenance and service provision and to applications development
集团的大型主机系统集成业务经过多年的高速扩展，增长开始放缓。硬件产品的毛利持续下降，财务成本亦因供应商收紧信贷而日益上涨。部门有见及此，已逐步将其业务重心由硬件集成转移至系统维修、支援服务及应用方案开发。 |
