China’s “new normal” is actually not normal at all. While the growth curve and structural changes in the East Asian economy from the 1960s to the 1990s suggest that China could experience medium-to-high growth rates for another decade, the country must address its debt problem first.
中国的“新常态”其实一点都不正常。东亚经济20世纪60—90年代的增长曲线和结构变化表明中国可能继续维持十年的中高速增长，但中国必须首先解决其债务问题。