What Chinese policymakers don’t seem to recognize is that such interventions carry serious long-term costs. Few want to invest in a market where the government can change the rules at any moment.
中国决策者似乎没有意识到这样的干预隐含着巨大的长期风险。很少有人愿意在一个政府可以随意修改规则的市场从事投资活动。