Yet just because Mr Paulson has stumbled badly in recent months does not mean that China is on the right track. Zhou Xioachuan is wrong to urge a higher savings rate in the US. The US consumer is in full retreat; were the retreat to become a rout, China's factories would be among the first to be ruined. To commandeer Saint Augustine's prayer: “Give us global rebalancing – but not yet.”
然而,僅僅因爲鮑爾森近幾個月不順利,並不意味著中國就在正軌上。周小川敦促美國提高儲蓄率是不對的。美國消費者正在全線撤退;若這種撤退變成潰敗,中國的工廠將是第一批遭殃的受害者。這裏不妨套用聖奧古斯丁(Saint Augustine)的祈禱詞:「給我們全球平衡調整——但現在不是時候。」
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