Reports on BOC's Role in US Mortgage Crisis 'Inaccurate'
英语阅读是考研英语的重头戏，怎么复习?怎么训练?建议同学们采取英语朗读的方法每天练习10-20分钟，快速提升英语的阅读能力和听力水平！Wang Zhaowen, spokesman for the Bank of China, told Xinhua on Wednesday that news reports chronicling the bank's involvement in the US mortgage crisis contained statement which were both inaccurate and "inconsistent with the truth."
The relevant information would be contained in the bank's first-half financial report to be released in mid-August, Wang said, adding that any information from other sources would be unreliable.
He said the bank would not divulge any essential information about its dealings prior to the release of the report in line with relevant laws and regulations.
The world market is currently aflutter over the domino effect of the risky US mortgage-backed securities, as a couple of companies and hedge funds offering such services to sub-prime lenders in the United States saw the value of the assets underlying the bonds they hold fell sharply in recent months.
An earlier AFP report stated that the bank had pumped several billion US dollars into mortgage-backed securities and that it would face millions of dollars in losses, citing Zhu Min, vice president of the bank.
Other Chinese banks such as the Bank of Communications, the Bank of Construction and the Industry and Commerce Bank of China are also involved in US mortgage-backed securities but less so than BOC.
听力和书面表达通常是我们学生的弱项，希望大家在英语朗读的方法下，并结合实际情况安排练习，不要一味模仿别人，要在练习过程中及时总结经验，包括时间安排等，让自己的考研英语水平得到一个很大的提升！
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