Chinese officials are understandably angry about the irresponsible brinkmanship demonstrated by their American counterparts in recent weeks. Unfortunately, anger counts for little in international finance. The danger facing the US is that after Tuesday’s debt deal any sense of urgency over a dire fiscal situation will dissipate. The danger for China is that it does not learn the right lesson – namely, that now is the time to end its dependency on the US dollar.
最近幾周,中國官員對美方同僚們所表現出的不負責任的邊緣主義感到憤怒,這是可以理解的。遺憾的是,在國際金融中,憤怒起不到什麼作用。美國面臨的危險是:在上週二就債務上限達成協議後,圍繞該國糟糕的財政形勢的任何緊迫感都將煙消雲散。而中國面臨的危險則在於,它不去吸取應有的教訓——即眼下是結束中國對美元依賴的時候了。
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