If China’s leaders continue to choose debt-fueled growth over reform, they will only delay, and possibly prolong, the inevitable slowdown. That would turn Xi’s Chinese Dream into a more elusive prospect.
如果中国领导人继续选择债务驱动型增长优先、压倒改革，也只能推迟——可能时间很长——不可避免的减速。这将让习近平的中国梦变得可望而不可及。