BEIJING – The balance-of-payments figures that China’s State Administration of Foreign Exchange (SAFE) released in April should have triggered serious concern, if not alarm. The data adjusted China’s investment-income deficit for 2011 from $26.8 billion to $85.3 billion – a massive revision that casts doubt on the reliability of China’s balance-of-payments statistics and exposes a flaw in the economy’s growth path.
发自北京——虽然尚未到达警戒水平，但中国外汇管理局于四月公布的国际收支数字依然引发了外界的严重关注。该数据将中国2011年度的投资收入逆差从268亿美元调整为853亿美元——这一重大修改不但令人开始怀疑中国国际收支统计的可信度，还暴露出了经济发展路径中存在的一个问题。然而关心这一点的人似乎并不多。