Now that economic growth is flagging – official statistics put the annual rate at 7%, but most observers believe the real number is closer to 5% (or even lower) – China’s governance problems are becoming impossible to ignore. Although China’s growth rate still exceeds that of all but a few economies today, the scale of the slowdown has been wrenching, with short-run dynamics similar to a swing in the United States or Germany from 2% GDP growth to a 3% contraction.
如今，经济增长已经慢了下来——官方年增长率数据为7%，但大部分观察者认为接近5%（甚至更低）——中国的治理问题也变得不容忽视。尽管中国的增长率仍超过当今绝大部分经济体，但放缓的规模令人担忧，其所造成的短期动态类似于美国或德国GDP从2%的增长变为3%的收缩。