When other countries must acquire your currency to trade, and must keep your money in reserve to protect the value of their own, your securities sell at a premium.
当其它国家必须用你的货币进行交易，必须储备你的货币以保护其本币价值时，你的证券就可以溢价销售。
Mr Buffett thinks this is still “very expensive currency” to acquire Cadbury, but as the amount of new stock is less than 20% of existing capital, Kraft no longer needs shareholder approval.
巴菲特先生认为购买吉百利仍然“代价十分昂贵”，但由于新股的总额小于现存资本的20%，因此此项交易不需要股东的赞成。
Chinese currency reserves will support its enterprises to acquire bargain production, brand and distribution assets abroad for higher profit margins.
中国的外汇储备将支持它的企业对海外生产，品牌和渠道资产的并购以获得更高的利润。
Mr Buffett thinks this is still "very expensive currency" to acquire Cadbury, but as the amount of new stock is less than 20% of existing capital, Kraft no longer needs shareholder approval.
巴菲特先生认为购买吉百利仍然“代价十分昂贵”，但由于新股的总额小于现存资本的20%，因此此项交易不需要股东的赞成。
Mr Buffett thinks this is still "very expensive currency" to acquire Cadbury, but as the amount of new stock is less than 20% of existing capital, Kraft no longer needs shareholder approval.
巴菲特先生认为购买吉百利仍然“代价十分昂贵”，但由于新股的总额小于现存资本的20%，因此此项交易不需要股东的赞成。
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