China is also losing long-term growth momentum, as falling fertility rates and returns on investment weaken labor-force expansion and capital accumulation. And it is becoming increasingly difficult for China to take advantage of technology-driven productivity gains.
中国还在失去长期增长动力，生育率和投资回报率的下降抑制了劳动力扩张和资本积累。并且中国利用技术驱动的生产率进步也越来越困难。