China’s downturn appears sudden; after all, its exports had been rising at double-digit rates every month this year until May. In fact, the Chinese economy’s true condition had long been obscured, but has now been exposed by more stringent regulation of activities such as speculative trading of the renminbi masquerading as trade payments.
中国的减速似乎突如其来；毕竟，在5月之前，其今年的出口增长率一直保持在两位数水平。事实上，中国经济的真实状况早已无法摸透，但因目前更严厉的监管而暴露出来——比如将人民币的投机交易粉饰成贸易支付。