speculative capital

基本解释

That is to say, we’d like to put the short-term speculative capital in a pool when it enters, and prevent it from overflowing to entity economy of China through hedging.
也就是说，如果短期的投机性资金要进来的话，我们希望把它放在一个池子里，并通过对冲不让它泛滥到中国的实体经济中去。
China's massive hoard is the result of its large current-account surplus, significant inward foreign direct investment, and big inflows of speculative capital over the past couple of years.
这么大的储备是中国巨额现金帐户余额的结果，值得注意的外国流入的直接投资，以及过去几年中大量流入的投机资本。
Foreign direct investment is much safer than speculative capital.
外商直接投资比投机资本要安全的多。

The region's conflagration was made worse by the tinder of speculative capital that preceded the explosion.
FORBES: Fact and Comment
That would allow a bit more flexibility against the dollar and help to discourage speculative capital inflows.
ECONOMIST: Asian currencies
But raising rates could break China's brittle state enterprises and lure in more speculative capital from abroad.
ECONOMIST: Other reasons to worry