We're talking venture capital, private equity, real estate and other investments that are not publicly listed.

我们谈论的是风险资本、私募股权、房地产和其他未公开上市的投资。

The Shandong example suggests that at least in some cases state cash is crowding out private capital rather than co-opting it.

山东的例子表明，至少在某些情况下，国有资金正在排挤而非吸收私人资本。

Near Korba, India's coal capital, private companies are pushing ahead to expand coal mining, even deforesting an elephant preserve to dig out the coal underneath.

在印度煤炭之都科尔巴附近， 私营公司正在推进扩大煤炭开采，甚至砍伐大象保护区的森林以挖掘地下的煤炭。