귀트영 20101209 뉴스 스크립트

China Attempts to Cool Property Market

China's growing economy is attracting millions of people to its cities, fueling a housing boom and encouraging property speculation.
China's largest cities are littered with construction sites and housing prices have skyrocketed: in some areas they have doubled in the past year, raising concerns the bubble could burst, damaging the whole economy.
To prepare for a worst-case scenario, Chinese government ordered banks to test how a 60 percent drop in property prices would hit their balance sheets.
Property market in China is highly interconnected with economic growth and the government recognizes the risks, said Bei Fu, a property sector expert at investment ratings agency Standard and Poors.
"That's why they have been quite proactive in controlling the market."
If the real estate market tumbled, it could leave China's banks with vast amounts of bad loans, as happened in the United States and Europe in 2008.
Additionally, if property sales slump, demand for consumer goods such as furniture and appliances could fall, hurting factories and retailers.
The Chinese government is limiting bank loans and has told state-owned companies to rein in property speculation.
Property analysts expect prices to drop by at least 10 percent this year because of the government's efforts to cool the market.
But, many say creating a stable property market over the long term requires structural reforms such as an ownership tax.

[ 원문 : http://www.voanews.com/english/news/asia/China-Attempts-to-Cool-Hot-Property-Market--101551743.html ]

Words and sentence on air
* property speculation : 부동산 투기
   speculation : 미래에 대한 추측. 투기
* littered with : 어수선하다. 너저분하다.
   litter : 쓰레기
   [발음] liter : 리터
* skyrocket : [경제] 급증하다
* worst-case scenario : 최악의 시나리오
   best-case scenario : 최상의 시나리오
* tumbled : (가격과 같이 쓰여서) 떨어지다.
   tumble down the stair : 계단에서 굴러떨어지다.
   tumbler : 보온컵
* appliances : 냉장고, TV 등 생활에 필요한 전기전자제품
   gadget : MP3플레이어 등 즐기기 위한 전자제품
* ownership tax : 보유세

* fueling : making something go(happen). ~을 더욱더 가능하게 하다.
* bubble could burst : 거품이 깨지다.
* balance sheets : 대차대조표
* hit : 부정적인 결과를 낳는 ...
   I was hit hard with the cold last week : 감기로 앓았다.
* interconnected : 연관된
* proactive : 능동적인
   retroactive : 수동적인
* rein in : 고삐를 죄다.