A further slowdown in China is a distinct possibility. China’s leaders must do what it takes to ensure that such a slowdown is not viewed as secular trend – a perception that could undermine the consumption and investment that the economy so badly needs.
中国的进一步减速可能性不小。中国领导人必须不惜一切代价确保这一减速不被视为长期趋势——否则，经济所急需的消费和投资可能遭到破坏。