Cheap money with limited investment outlets now risks fueling property bubbles and industrial overcapacity. Without fundamental change, China faces slower economic growth, inadequate job creation and innovation, and popping bubbles.
如今，廉价的资金加上投资渠道受限有可能助长房地产泡沫和工业产能过剩。如果没有根本性变化，中国面临着经济增速减慢、就业创造和创新不足和泡沫破裂的风险。