China and most of the other emerging Asian economies have strong government balance sheets – the GDP shares of their budget deficits and public debt are relatively small. As a result, they have the fiscal firepower to boost consumption in order to mitigate the effects of declining exports.
中国和其他大部分新兴亚洲经济体都有着相当健康的政府资产负债表，预算赤字和公共债务占GDP的比重相对较小。因此它们有的是财政实力通过提振消费减轻出口下降的影响。