In order to sustain growth, it needs to continue to invest half of its $9 trillion annual GDP – no easy task for a country that already has brand new highways and airports. In fact, over the next decade, as China attempts to move up the value chain into services and adjusts to a shrinking workforce, its investment requirements will shrink – and its investment rate will fall sharply.
中国的问题正好相反。为了维持增长，中国需要继续将其9万亿美元的年度GDP用于投资——这对一个遍地新建高速公路和机场的国家来说实属不易。事实上，在未来十年中，随着中国试图沿着价值链向服务业推进并适应劳动人口的下降趋势，其投资要求会下降——而其投资率将急剧下降。