In many ways, China is breaking the mold. Despite severe financial repression, it has experienced extremely high savings and investment, owing mainly to Chinese households’ strong propensity to save and massive government-driven investment, particularly by local governments.
中国没有出现这种情况。因为中国家庭强烈的储蓄倾向和大规模政府（尤其是地方政府）主导投资，所以虽然存在严厉的金融抑制，中国仍出现了超高的储蓄和投资。