Thus, China can expect large external surpluses to transform the country from the world’s workshop into its main financier. Indeed, the scale of capital outflows could be so large that long-term capital will remain cheap even after the world’s major central banks tighten monetary policy.
因此，可以预计中国将获得巨大的外部盈余，使其从世界工厂转变为主要资金提供者。事实上，资本外流规模可能极其巨大，以至于即使世界主要央行都收紧货币政策，长期资本仍将十分廉价。