The collapsing asset prices triggered capital outflows that reinforced asset deflation.
资产价格的暴跌触发了资本外流，这又加强了资产价格下跌。
In the late 1990s emerging economies suffered from capital outflows and plunging currencies.
20世纪90年代末，新兴经济体经历了资本外逃和货币大幅贬值。
Meanwhile, the private surpluses of Germany and the Netherlands were offset by huge capital outflows.
与此同时，德国和荷兰的私人部门盈余被大量的资本外流所抵消。
Initially, the rise was driven by a large trade surplus, along with controls over capital outflows.
起初，人民币升值受巨额贸易顺差以及控制资本外流的驱动。
Influenced by multiple factors, Chinawill still face the pressure of capital outflows and RMB depreciation.
受多重因素影响，未来中国资本外流和人民币贬值压力依然较大。
Some analysts are optimistic that the pace of capital outflows will slow down automatically in the near future.
有些分析人士乐观地认为，资本外流速度将在不远的将来自动放缓下来。
At present, China's rural financial system is not so perfect. The phenomenon of capital outflows is so serious.
当前我国农村金融体系并不完善，农村资金外流现象十分严重。
Local companies are positioning themselves for a weaker yuan, driving the hefty capital outflows of recent months.
人民币走弱，本土公司开始重新为自己定位，导致近几个月的巨额资本外流。
It should buy some of the riskier assets, and return some of these funds back to emerging-market countries to offset capital outflows.
它该购买一些风险较高的资产，并向新兴国家归还其中部分资金来抵消资本外流。
More capital outflows and tighter credit conditions may force more domestic adjustment, but adjustment had to come at some stage.
更多的资本外流和信贷环境的收紧可能迫使国内出现更多调整，但调整迟早也都是会来的。
More falls in exchange rates and capital outflows will make their task yet harder and are likely to keep domestic policy tighter for longer.
汇率进一步下跌和资本进一步外流，将让它们的任务更加艰巨，可能延长它们保持从紧政策的时间。
It is triggering enormous spreads on risky assets, a credit crunch in advanced economies, and major capital outflows from emerging countries.
它引起来风险资产的大量扩散，发达国家的次贷危机和新兴国家的资产外流。
Overseas acquisitions account for a significant source of capital outflows. And those outflows, which have weighed on the currency and the markets.
海外收购是中国资金外流的一个重要源头。而资金外流给中国的货币和市场带来不少压力。
"The last thing they want is uncontrolled capital outflows. It's not just China, we have seen outflows from most of the emerging markets," he says.
“他们最不希望看到的是不受控制的资本外流。不仅仅是中国，我们在大多数新兴市场都看到了外流，”他说。
Even before last week investors were facing a series of challenges, led by an improved macro outlook, capital outflows and a PBoC move to contain a bond bubble.
即使在上周以前，投资者也面临着一系列挑战，主要有：宏观前景的改善、资金外流和中国央行限制债市泡沫的举措。
"If they had allowed weakness against the basket that would have led to more concerns about what is happening to the renminbi and more capital outflows," Mr Williams says.
“如果他们让人民币相对于货币篮子走弱，就会导致们更加担忧人民币的走向，导致更多资本外流，”威廉姆斯说。
If they had allowed weakness against the basket that would have led to more concerns about what is happening to the renminbi and more capital outflows, "Mr Williams says."
“如果他们让人民币相对于货币篮子走弱，就会导致们更加担忧人民币的走向，导致更多资本外流，”威廉姆斯说。
Whether the Chinese credit squeeze continues depends on two factors: the future course of private capital outflows, and the attitude of the authorities to the exchange rate.
中国的信贷紧缩是否会延续下去，取决于两个因素：私人资本外流的未来走向，以及官方对汇率的态度。
But capital outflows are still restricted and there are growing fears among business people that the capital controls will drive the last vestiges of foreign investment out of Iceland.
但资本外流仍然被限制，商务人士对资本管制将把残存的最后一点外国投资都逼出冰岛的担忧不断在升温。
While 2009's performance sowed optimism among investors, new challenges could damp the party mood, namely fears of rising interest rates, inflation, capital outflows and asset bubbles.
虽然2009年股市表现令投资者感到乐观，但新的挑战将给这股喜悦之情打上折扣，即人们对加息、通胀、资本外流以及资产泡沫的担忧。
Its resolve may now be tested: sustained depreciation against the greenback is likely to fuel yet more capital outflows and deal another blow to economic confidence, which is already fragile.
中国的解决方案正面临检验：人民币兑美元持续贬值可能引发更多的资本外流，并再次打击已经十分脆弱的对中国经济的信心。
Were it not for tighter capital controls since the summer, outflows might have been even bigger.
若不是今夏以来更为严格的资金管控，恐怕外流的外汇会更多。
Were it not for tighter capital controls since the summer, outflows might have been even bigger.
若不是今夏以来更为严格的资金管控，恐怕外流的外汇会更多。
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