Bloomberg Economics 1

Pronunciation

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Vocabulary List

selloff
(noun) the sale of a lot of stocks, which makes the price decrease
 
seasoned
(adjective) experienced; having a lot of experience
 
retool
(verb) to organize something in a new way
 
fit
(verb) to be suitable for something

Paraphrase

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There was a sale of a lot of stocks in China.
The most-experienced investors were surprised because the sale happened unexpectedly.
This has forced investors to change their methods so that they are suitable for Beijing’s new economic model.

Grammar

A selloff in China’s stocks has caught even the most-seasoned investors off guard, forcing them to retool their approach to fit Beijing’s new economic model.
 
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Explanation
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