Meanwhile, China’s outward FDI will continue to encounter challenges, as various short- and long-term factors – from weak international demand to an aging population – cause its trade surplus to decline, diminishing its ability to export capital. China’s investment in US government securities and other sovereign debt will continue to yield extremely low returns.
与此同时，中国的对外直接投资将不断遭遇挑战，因为各类的短期和长期因素——从国际需求不振到人口老龄化——都将导致其贸易顺差持续缩小，使其输出资本的能力下降。中国对美国政府债券以及其他主权债券的投资将继续收获极低的回报。事实上，这笔投资将永远无法全部收回，因此巨额的债务减免也是不可避免的。