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Unit 14 Auctions Used to Recover Bad Debt Main Ideas China Construction Bank has recovered some bad debts through auctioning off mortgaged assets. Exercise 1 1 F 2 T 3 T 4 T 5 T 6 F 7 T 8 T Translation Banks recover their funds by auctioning off mortgaged assets. Our company will hold a meeting to dicuss how to dispose of the unqualified products tomorrow. The government immediately starts up the bailout plan after the earthquake. Translation The government decides to beef up the budget for the national defence. The company has taken a raft of opinions from employees in order to undergo the reform successfully. Logical Outline * * recover bad debts through auction go public in Hong Kong cooperate with foreign strategic investors CCB increases its competitiveness
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