Not for the first time, there is a gap between what China says and what China does. Premier Wen Jiabao warned this week that the “foundations of recovery are not stable . . . we cannot afford the slightest relaxation or wavering”. The subtext seemed obvious: that China's exceptionally loose monetary policy will continue for the foreseeable future.
中國言行不一已不是頭一回。中國總理溫家寶本週警告稱：「經濟回升的基礎還不穩定……我們不能有絲毫的懈怠和動搖。」言下之意很明顯：在可預見的將來，中國將繼續施行格外寬鬆的貨幣政策。
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