VIP Class Notes (Tibo)

I hope next year my customer will still give me more orders but it is impossible. / but I am not too hopeful
Have you seen the news about blackouts.
There are going to be policies to limit BJ / SH citizens to use electricity in particular hours   / to limit electricity usage at some hours

Many analysts give reasons related to the trade war with Australia.
The Chinese government stopped importing Australian coal.

Australia faces issues because of money. budget issues / budget deficit.
They have to pay a lot to France because they cancelled the deal. / they have to compensate France.
China may impose some sanctions.

it turns out to be a crisis for China which may slow down it’s domestic economy / growth.
I have read news that the IMF has overestimated the growth

They paid a lot so that they increased the growth forecast for China. / they paid them to cook the numbers
In my opinion there seems to be many bad news for China.
People start to have many comments related to him being dumb

they look down on him since he started implementing his reforms the economy started to go down.

that was the wall street propaganda.
For example Chinese companies can’t get listed in the US / IPO in the US

For technology, Huawei has been ruled out of the top 10 smartphone company in the world
The Canadian hostages. they kidnapped to exchange for the CFO.

If we are going to leave we will sell our house in order to move the money to TW.
I have asked the lawyer and it is ok because I am a foreigner.
You can start/process a transaction.
Mainstream media have been infiltrated by Chinese capital.

all those things affect our money.
The automotive stock already plummeted 97% of it’s value

The USSR had many friends before. The communist blocks.
Now It is alone. / isolated…
It was developed to disrupt the economy.
They depend on vote so you can’t deal with it with powerful methods / they can’t be too strict  but totalitarian countries can.
A lot of evidences show it is not from nature. / it is not natural / man made

we already are at war. it is a different type of war.

Even the Spanish flue was not so infectious

He is under investigation
My colleagues tell me you are an ordinary person / an average Joe you don’t need to care about this but I think what if those policies affect my business

Maybe they will seize your money with kind of ways you can’t perceive.
They will find ways…

Businessmen will pretend to trust the government and they will say it is the best / they will praise it.

Pronunciation

developed

tricked

treated

Vocabulary

to seize (v) take by force
They seize his assets

to proceed (v) begin or continue the action
Once we have the contact we will proceed and start to produce the order

to delist (v) remove from a financial exchange
The company got delisted

to get listed / IPO (v)
They stopped them from getting listed in HK

to cook the numbers/cook the books(v) make fake numbers that look better
Luckin coffee cooked their books before the IPO

majority (n) more than 50% of the people
He got the majority of the votes during the election

belts and roads (n) Chinese initiative
The invested in the belts and roads initiative

average Joe (n) an ordinary person
You don’t need to care about it, you are just an average Joe.

carefree (adj) unworried / untroubled
They are too carefree

infectious (adj) spreading easily
Covid is highly infectious

North Korea (n)
Even North Korea rejected the donation

Evergrande (n) Big Chinese real estate company
Evergrande may go bankrupt

proof (n) something that proves
I had to show a proof of income to get a visa

credential (n) qualifications that show you are qualified to do something
If you need some credentials you can call my former boss.

patriot (n) someone who loves his country
Tom is a patriot

patriotic (adj)

dumb (adj) stupid
Tom is so dumb

coalition (n) group
They are forming a coalition

Diesel (n) fuel
They originally bought diesel submarines