Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved and always will solve the problems of the human race. — Calvin Coolidge

Useful Chinese Finance Terms 常用金融单词

Posted on 23 January 2008 by Erwin

Sometimes it’s rather difficult to find certain words in the Chinese <=> English dictionary, or when you do look them up, you’ll often find 10 word choices and not sure which most accurately represents your meaning. For the last 5 or so years, I’ve spent a considerable amount of free time trying to better understand the global economy, current imbalances in supply and demand (opportunities!), politics, the US debt, and global politics.

As you further your own understand of these areas, you might find the following useful. “T-Bills” were the most difficult translation for me to find ;-)

  • Interest: 利息
  • Futures: 期货
  • Loan: 贷款
  • Bond: 债券
  • Debt: 债务
  • Credit Rating: 信用度
  • T-Bill: 国库券
  • Mutual Fund: 基金
  • IMF: 国际货币基金组织
  • World Bank: 世界银行 (当然啊)

Also, a parting chinese proverb for your consideration:

教学相长 Teaching benefits student and teacher alike…

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