Thus, despite the high likelihood that China’s economic growth will slow significantly in 2012, a hard landing is unlikely. Nevertheless, while there is no need to be overly bearish about China’s short-term economic prospects, because of the slow progress in fundamental adjustment and further reform, even Chinese Premier Wen Jiabao has noted that China’s growth is ultimately unsustainable.
因此，尽管中国经济增长很有可能在2012年大幅减速，但硬着陆的可能性很小。尽管如此，一方面我们没必要过度看空中国的短期经济前景，另一方面，由于基础性调整和深化改革步伐缓慢，就连温家宝总理都指出，中国的增长从根本上说是不可持续的。真正的考验还没有来临。