Don't borrow time from tomorrow.
不要向明天（tomorrow）借（borrow）时间。
Can I borrow some money from you?
我可以从你那里借来一些钱吗？
Can I borrow your pen？
我可以借一下你的钢笔吗？
The group's average borrowing percentage cost by the end of the period was 4.1 percent, with the declining average debt account period of 6.67 years.
截至本期末，该集团的平均借款百分比成本为4.1%，平均债务账户期为6.67年。
Guotai Junan Securities facilitated Qualified Foreign Institutional Investors (QFII) to finalize the first ever margin trading and stock borrowing and lending business by foreign institutional investors in the China A Share market, with underlying stocks ranging from the Main Board, Growth Enterprise Market (GEM), Science and Technology Innovation Board (STAR Market) and etc on Tuesday.
QFII's participation in margin financing and securities borrowing and lending businesses will be helpful in attracting more high quality capital into the market, improving the long-short balance of the market, expanding investment scopes, as well as increasing market activity.
Following the "Measures for Domestic Securities and Futures Investment by Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors" issued by the China Securities Regulatory Commission (CSRC), the People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) on Sept 25th, 2020, QFII is allowed to conduct margin trading and stock borrowing & lending business on December 29.
The securities house is particularly experienced in margin trading and financing, stock borrowing and lending, and STAR Market stock borrowing.
They simply "borrow" aspects of the flavors from the crab and yolks to create new coffee fusion tastes.
It doesn't have enough borrowing capacity," said Erik Gordon, a business professor at the University of Michigan.
Two bond rating services have downgraded Boeing's debt by one notch, meaning the manufacturer will pay more interest on its bonds if it needs to borrow additional funds next year to cover expenses.
The Wall Street Journal reported that some potential investors were disturbed by apparent conflicts of interest outlined in WeWork's registration statement, including Neumann's decision to lease properties he owned to his company and borrowing against his stock.
Such a large offering from Alibaba could also have implications on liquidity in Hong Kong's financial system and the closely watched Hong Kong Interbank Offered Rate (HIBOR), given that investors in the Hong Kong market often borrow funds in anticipation of large share sales.
The corporate demands evolved from domestic borrowing to international financing through bond issuance, syndicated loans, initial public offerings, and mergers and acquisitions, and from settlement of import and export transactions to setting up plants abroad and using local services.
Similar financing tools, such as credit risk mitigation, have been boosted since the third quarter of 2018, acting as insurance when companies borrow money.
Wanda is exploring a deal in which AMC would borrow hundreds of millions of dollars through a convertible bond, and then use that money to buy back some of Wanda's 60 percent stake, the sources said on Wednesday.
Meanwhile, the increasing cost of borrowing, measured by the one-month interbank offer rate, or Hibor, makes would-be retail investors even more reluctant to take out margin loans to buy into the deal," Cheung said.
Higher credit ratings usually confer privileges such as more convenient borrowing at local libraries, waived deposits at some hotels and expedited airport security checks.
Dalian Wanda Group Co's biggest unit had its credit rating cut to junk by S&P Global Ratings, raising the risk of higher borrowing costs overseas just as the Chinese conglomerate grapples with greater regulatory scrutiny.
"The downgrade, which could make it costlier for Wanda to borrow money overseas, is the latest setback for billionaire Wang Jianlin.
The borrowing cost is likely to be higher.
Ahead of last year's G20 Summit in Hangzhou, he uploaded a video in which he went through a cashless day in the city using Alipay, the country's biggest mobile payment tool, from taking bus rides, paying bills to borrowing umbrellas free of charge.
Wang Deyong, a real estate analyst at CITIC Securities, said in earlier research that real estate developers' cash flow is mainly supported by property sales, and their financing relies highly on borrowing from financial institutions and bond issuance.
So if developers continue to expand borrowing and increase debt-to-asset ratio, they may face challenges and need to handle cash flow pressure," Wang said.
According to Alipay's Zou, social credit systems can offer customers loyalty benefits such as better borrowing privileges at a local library.
Aziz said that it is always a good idea to utilize local currency borrowing to support local huge infrastructure projects, not only to mitigate foreign exchange risk, but to also create a wider, truly localized ownership of the investment process.
Referring to the recent Central Financial Work Conference, Wen said the policy stance would stay accommodative, with a focus on creating a favorable monetary and financial environment, expanding central government borrowing while resolving local debt problems, and stabilizing the property market.
Referring to the recent tone-setting Central Financial Work Conference, Wen said the policy stance will stay accommodative, with focus on creating a favorable monetary and financial environment, expanding central government borrowing while resolving local debt problems, and stabilizing the property market.
Third, some countries involved in the BRI have actually aimed to repay their debt to Western governments and multilateral financial institutions by borrowing from China to build infrastructure, since infrastructure projects, which account for about 70 percent of BRI projects, can help them develop their economies and accumulate capital.
The reduction in mortgage borrowing by households has been accompanied by a significant increase in their cash-based assets, indicating their risk-averse behavior; meanwhile, credit and investment in the corporate sector have grown at a normal clip, which is very different from what was seen during Japan's balance sheet recession.
This would enable some people to resume borrowing, investing and consuming, and help restore normal economic growth once they have successfully repaired their balance sheets.
Koo's theory, which advocates fiscal borrowing stimulus measures as a means to inject liquidity and resumption of economic growth once balance sheets are repaired, undoubtedly offered innovative and logically sound solutions to Japan's economic downturns at that time.
However, in China's case, certain local governments, State-owned enterprises and even private enterprises lack awareness of financial balancing acts, and excessively borrow against existing assets.
For instance, some private enterprises, particularly those in the real estate sector, exhibit speculative intentions, prioritizing scale and borrowing, disregarding risks and holding out expectations that lenders will always come to their rescue.
Lastly, Japan has gradually established a relatively comprehensive modern fiscal system, characterized by strict institutional design and supervisory constraints in terms of government revenue sources, deficits, borrowing, debt repayment, risk control, expenditure programs and administrative cost efficiency.
Ming said the change in people's willingness to borrow is underway, citing a rebound in commercial housing sales in early April.
As the Fed continues to increase interest rates, the combination of higher borrowing costs and reduced access to credit has raised the chances of a hard landing for the US economy, said James Knightley, chief international economist at Dutch bank ING.
The move is estimated to release about 500 billion yuan ($72.67 billion) into the market, helping stabilize borrowing costs and strengthen domestic banks' ability to counter any spillover of rising global financial risks, experts said.
On Jan 13, a draft plan was released by the government to boost financing for quality property developers, including adjusting borrowing curbs on them.
Nine out of 10 respondents expect both weak demand and high borrowing costs to weigh on firms, with more than 60 percent also pointing to higher input costs.
For over a year, China's government restricted borrowing levels of leading property developers, which limited new home building and led to a 30 percent drop in sales.
However, on Nov 11, Beijing revealed a multi-step plan to support the industry, including measures to alleviate the worst of the impact that resulted from stricter borrowing limitations.
Efforts will also be made to keep the exchange rate of the renminbi "generally stable at a reasonable and equilibrium level", the statement said, hours after the said financial regulators increased a key parameter to boost domestic borrowing from overseas and thus help prop up the Chinese currency.
Companies' actions including foreign exchange settlement and sales, external borrowing or debt repayment, as well as purchases or sales of overseas assets are related to the number of orders they have received, companies' expectations of future cash flows and the extent of economic prosperity.
For instance, companies borrowing employees should strengthen their management of and training for newcomers.
Malpass said that the advanced economies are taking a lot of the world's capital in the form of fiscal deficits, by heavy borrowing by big corporations and by the central banks themselves, buying only the bonds of the very advanced countries, which puts a strain on development from the macro side.
In terms of monetary and financial policies, the country will reduce real borrowing costs, boost financing efficiency via capital markets, and strengthen financial support for infrastructure and major projects.
"Figures from the People's Bank of China, the nation's central bank, showed on Monday that borrowing and lending activities grew faster than expected in March.
In addition, regulators also encouraged commercial banks to reasonably set first home mortgage requirements for new urban residents who meet home-purchase conditions and to improve convenience for them to borrow and repay such loans.
However, they said on Feb 8 that government-subsidized rental housing will not be included in the management system, which aims to contain risks from excessive borrowing among property developers and homebuyers.
In Zhejiang, college students will be able to borrow up to 500,000 yuan ($79,000) to start a business, and if the business fails, the government will help repay at least 80 percent of the loan, Chen said.
Meanwhile, the pilot programs, which support small tech firms to borrow from overseas foreign debt within a certain quota, will also help overseas financial institutions access more domestic business clients with buoyant demand for fundraising, he added.
Specifically, the trials will support medium, small and micro-sized high-tech enterprises to borrow money from overseas autonomously within a certain quota, waive administrative registrations of onshore reinvestment by foreign-invested businesses, and allow multinationals to integrate local and foreign currencies into one cash pool.
In recent years, we have strictly prohibited local governments from borrowing from financial institutions, and have gradually replaced a large amount of direct borrowings in the past through the issuance of government bonds.
This not only regulates the government's lending behavior, but also reduces their borrowing costs.
This is a generation that is confident in their financial futures, and this is reflected in a willingness to borrow in order to spend.
Typically, rising US yields would drive up the cost of borrowing for emerging economies, which then tends to hit their currencies.
In the future, China's consumer lending landscape will be dominated by the younger generation whose consumption concepts and borrowing behavior are similar to that of consumers in mature markets.
However, the World Bank cautioned that following this year's cyclical rebound, China's economy is projected to slow over the medium term, reflecting the legacies of excessive borrowing as well as structural trends, including declining labor supply and softening productivity growth.
The MLF tool was introduced in 2014 to help commercial and policy banks maintain liquidity by allowing them to borrow from the central bank using securities as collateral.
Nor does China force any participating country to borrow money from itself.
China's economy remains on a solid track to recovery as price levels picked up while corporate borrowing increased last month, experts said on Wednesday.
If we continue to focus on the GDP growth rate, it may push the local governments to set high targets which will lift up the implicit debt risk, as borrowing is a simple method of stimulating investment to drive the growth.
This will help bring down the real borrowing costs for businesses and increase their investments.
During the pandemic, China has introduced a series of expedient policies, such as tax cuts, increasing fiscal expenditure, and lowering the real costs of borrowing to bail out the corporate sector, especially small businesses.
This approach is more flexible and reduces the risk of limiting borrowing in a "pro-cyclical" fashion.
It is true that the leverage ratio of private enterprises, in comparison to State-owned enterprises, has generally declined in recent years, but it does not necessarily mean that all private enterprises are reluctant to borrow.
There have been concerns recently over the large number of prepayments among households, but it is also this phenomenon, together with the current new mortgage interest rates being significantly lower than the past mortgage interest rates, that has resulted in "borrowing anew to repay the old" among households.
The local government has lowered borrowing costs for authorized users of GI trademarks by giving interest subsidies to those who make regular and timely repayments.
This would also help lower the medium- and long-term borrowing costs of businesses and facilitate the construction of major infrastructure projects, Dong said.
Yao Hong, vice-president of the Postal Savings Bank of China, said the large State-owned commercial lender will grasp the opportunities brought by China's strategies to promote rural revitalization, a new type of urbanization and regional development, as well as step up support for new urbanites' borrowing needs for home purchases.
For example, villages can borrow from a low-interest loan specially allotted to develop bamboo groves and grow carbon sinks, before selling them to the carbon trading platform, which, relying on financing from Liangshan Bank, trades them to companies that need carbon offsets.
For years, China's real estate developers have operated at a high leverage rate, borrowing heavily to invest and relying on refinancing and property sales for repayments.
The tight borrowing measures are regarded as the major cause for the market cool-down, Zhang said.
Though the deleveraging efforts are quite necessary considering the fact that most real estate companies are operating with high borrowing ratios, attention should be paid to the speed and intensity in deleveraging real estate companies so as to do no harm to investor confidence or exacerbate liquidity problems.
China's home prices soared in 2016 when speculators took advantage of favorable lending policies to buy homes via leveraged borrowing, contributing to what many had feared as a "housing bubble.
Apart from trading in goods, newer forms of goods exchange have arisen from the second-hand market to meet people's diversified demands, including recycling, donations, borrowing and old-for-new barter.
The slump has sparked concerns that sluggish property sales may threaten cash flow stability of real estate developers and lead to defaults, placing a landmine in the financial system given the sector's huge amount of borrowing.
"Of course you can borrow more money to help you endure this crisis.
The central bank warned about the risks posed by borrowing as some third-party payment agencies were offering installment options and other lending services to these platforms.
For the second house, the lowest borrowing cost is 0.6 percentage point above the LPR, said a statement on the PBOC website.
Chinese mortgage loans will become one of the most expensive types of commercial bank lending from next month, and it will be difficult for house buyers to get discounts on the borrowing cost, due to the new interest rate calculation method set by the central bank, analysts said.
Starting from Oct 8, residents who need to borrow money for purchasing new houses should re-calculate the mortgage loan rate based on a new rule announced by the People's Bank of China, the central bank, late on Sunday.
Small Chinese homebuilders are likely to face high liquidity risks in 2019 as banks tightened lending to property developers last year and borrowing costs in onshore and offshore markets have generally risen, according to a report by Fitch Ratings.
"Kenyan contractors can learn a lot from their Chinese counterparts and borrow techniques to use to reduce the housing deficit," he said.
"Let me put it this way: If you borrow money from your peers and you flee, ok.
The combined effect of a rising dollar and higher borrowing costs has pared demand in key emerging market economies and made investors shun risky assets aligned with the global economy, including crude oil and equities.
The tariffs could help trim the US deficit,xa0as the Treasury's borrowing to fund government operations is on course to top $1 trillion this year for the first time, cnbc reported.
The steady recovery in vehicle sales reinforced other signs that the US economy is absorbing the shock from the rapid rise in interest rates without sliding into a recession, though some analysts have warned that higher borrowing costs could take a toll on demand this year.
"Research on smart cars and connectivity is costing a lot, and the sales are not good, so it is little wonder that SAIC has been cutting dividends since last year and is now borrowing money from the market," said Yuan.
For the auto industry, though, the concern is that the banks and shadow lenders will not cut their lending rates by as much as the RBI because the lenders are overburdened by bad debts or finding it difficult to borrow.
According to China's regulations, they have to borrow credits from other subsidiaries within SAIC or GM if they are in a surplus or buy them from carmakers that have amassed extra credits from producing new energy vehicles.
Short-sellers borrow shares they believe are overpriced, sell them, and then repurchase shares later at what they hope will be a lower price to make a profit.
In the latest move, Chinese banking authorities announced new loan policies to allow buyers of new-energy vehicles to borrow a larger portion of the purchase price.
Starting in 2018, new energy vehicle buyers can borrow up to 85 percent of the cost from banks, up from the previous 80 percent.
On Wednesday, financial regulators announced new loan policies for car purchases, allowing buyers of new energy vehicles to borrow a larger portion of the purchase price.
Starting in 2018, they can borrow up to 85 percent of the cost from banks, according to the People's Bank of China and the China Banking Regulatory Commission.
Starting in 2018, NEV buyers can borrow up to 85 percent of the cost from banks, up from the previous 80 percent.
China Wednesday announced new loan policies for car purchases, allowing buyers of new energy vehicles (NEVs) to borrow a larger portion of the purchase price.
Starting in 2018, NEV buyers can borrow up to 85 percent of the cost from banks, according to the People's Bank of China and the China Banking Regulatory Commission.
[Photo/China Daily]Borrowing from Germany's Industry 4.0 strategy, manufacturing is getting smartChinese auto manufacturers are expected to build smart plants in the near future, though they remain one generation behind the world's leading carmakers in deploying Industry 4.0 technology.
ZOU HONG / CHINA DAILYThe idea of borrowing to buy items is not new among young Chinese consumers, who are familiar with buying homes using mortgages.
"Building a financial service platform, powered by big data technologies, can help them better access funds and borrow money from financial institutions," said Sun, who is also chairman and CEO of Inspur Group, China's largest maker of servers.