In particular, although China’s tradable sector is highly exposed to developed economies, the government is likely to accept some short-run slowdown, rather than adopting potentially distorting stimulus measures. Given the risk of re-inflating asset bubbles, no one should expect a dramatic easing of credit of the type that followed the 2008 meltdown.
特别是虽然中国的贸易部门受到了发达国家的极大影响，但政府也愿意接受一些短期的减速，而非采取一些可能引发混乱的刺激措施。考虑到资产泡沫再度膨胀的风险，没有人会期望一个类似2008年经济重挫后的大幅度信贷宽松。