China successfully navigated the crisis, avoiding a significant slowdown, by ramping up public spending. But, as a result, it now has no further scope for increasing public consumption or investment.
中国成功地应对了全球金融危机，避免了大幅度的经济减速，靠的是扩大公共支出。但因此，它现在已没有扩大公共开支或投资的余地了。