In China – and in Russia (and partly in Brazil and India) – state capitalism has become more entrenched, which does not bode well for growth. Overall, these four countries (the BRICs) have been over-hyped, and other emerging economies may do better in the next decade: Malaysia, the Philippines, and Indonesia in Asia;
在中国——以及俄罗斯（巴西和印度也有一定程度的类似）——国家资本主义更加根深蒂固了，这对增长来说不是好消息。总的来说，这四个国家（金砖四国）有炒作之嫌，而其他新兴经济体可以在未来十年中表现更好：亚洲的马来西亚、菲律宾和印尼；拉美的智利、哥伦比亚和秘鲁；还有东欧和中亚的哈萨克斯坦、阿塞拜疆和波兰。