Investors have a lot to worry about without cause to fret about China, but now they have that too. Trend growth is slowing down, and markets have been shaken up by the actions of the People’s Bank of China (PBoC), which is trying to tame a virulent credit boom.
投資者有很多要擔心的事情,唯獨沒理由擔心中國,但如今,后者也開始讓他們擔心了。中國經濟的趨勢增長正在放緩,與此同時,中國央行為遏制致命的信貸熱潮而采取的行動給市場造成了沖擊。
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