Investment growth that surpasses an economy’s absorption capacity will lead to a rapid deterioration in the efficiency of investment, which in turn will harm long-term growth prospects. Evidence of this in China today is all too prevalent.
超过一国吸收能力的投资增长会快速恶化投资的效益，进而危害长期增长前景。现今在中国出现的迹象一点都不令人奇怪。为了扭转这一趋势，适当放缓投资增长不仅必要，而且是利润驱动的经济所不可避免的过程。