With greater clarity in terms of Chinese and US policy, both economies should gain momentum. That will give developing countries (many of which face difficult domestic policy choices) a tailwind, while making the substantial challenges in Europe and Japan easier to address.
下行风险未除，但我继续对全球经济前景保持谨慎乐观。中国和美国的政策将日益清晰，这两个经济体应该都能获得动力。这将给发展中国家（其中不少面临困难的国内政策选择）助一臂之力，同时也让欧洲和日本面临的棘手挑战更易解决。