On almost any basis, China's unencumbered liquid reserves are much greater than liquidliabilities.
在几乎任何基础上衡量，中国可支配的流动储备都远远高于流动性负债。
2
If markets were liquid and transparent for all assets and liabilities, fair value accounting clearly would be reliable information useful in the decision making process.
如果所有的资产和负债在市场上是流动且透明的，公允值会计准则无疑将是决策过程中有益的可靠信息。
3
It can get the money and change the structure of assets and liabilities by structuring ingeniously a transaction, and transferring the illiquid assets to liquid and marketable securities.