But several specific factors must be accounted for in assessing whether this is China’s fate. While China’s debt/GDP ratio is very high, the same is true in many successful East Asian economies, such as Taiwan, Singapore, South Korea, Thailand, and Malaysia.
但在评估中国是否会蹈此覆辙时，必须考虑一些具体因素。中国债务/GDP之比固然很高，但其他许多成功的东亚经济体也是如此，比如中国台湾、新加坡、韩国、泰国和马来西亚。并且中国的储蓄率要高得多。给定其他条件不变，储蓄率越高，高债务/GDP比触发金融危机的可能性越小。