As China satisfied its demand for safe assets, it turned to riskier foreign investments. It began rebalancing its economy from saving to consumption and from exports to domestic demand.
现在我们知道，两种观点都是错误的。全球失衡并没有无限持续下去。中国的安全资产需求得到了满足，便转向了风险更高的对外投资。它已开始实现经济从储蓄转向消费、从出口转向内需的再平衡。