Such self-reinforcing financial feedback is much more powerful in transmitting global economic contagion than ordinary commercial or trade exposures, as the world learned in 2008-2009. The question now is whether the vicious circle that began in China over the summer will continue.
这一自我加强的金融反馈对于传播全球经济传染病的效力远远大于常规商业或贸易风险暴露，2008—2009年的经验已经说明了这一点。现在的问题是，整个夏天始于中国的恶性循环是否会持续下去。