Though the US is finally emerging from an extended period in which potential output exceeded demand, high unemployment continues to suppress demand in Europe. One of the main casualties is the tradable sector in China, where domestic demand remains inadequate to cover the shortfall and prevent a slowdown in GDP growth.
此外，事实上，严重的需求制约已成为当今全球经济环境的一个关键特征。尽管美国终于从长期以来的潜在产出高于需求的状态中走出，但高失业仍抑制着欧洲的需求。一个主要受害者是中国的可贸易部门。中国的内需不足以覆盖短缺和阻止GDP增长下滑。