文章名稱：China’s debt surpasses 300 percent of GDP, IIF says, raising doubts over Yellen’s crisis remarks
◆ deleverage （V.）去槓桿
Deleveraging is when a company or individual attempts to decrease its total financial leverage.
◆ indebtedness （N.）負債
The 2008 financial crisis began with high indebtedness levels by U.S. households.
◆ precautionary （adj.）預先警戒的
It instructed U.K. banks to raise their capital ratios as a precautionary step in the event of an economic slowdown.
◆ syndicated loan （N.）企業聯合貸款
The IIF warned that there’s over $1.9 trillion of emerging market bonds and syndicated loans maturing through to the end of 2017.
◆ household （N.）家戶；個人
China poses a great risk in itself with households accelerating their borrowing.
◆ redemption （N.）贖回；買回
Repayment of the principal amount of a debt or security at/ before maturity.
