But China is in much better shape than the rest of the world. A powerful rebalancing strategy offers the structural and cyclical support that will allow it to avoid a hard landing.
对出口导向型经济来说，减速并不令人震惊。但中国比世界其他国家的境况要好得多。有力的再平衡战略提供了避免硬着陆所需要的结构性和周期性支持。