China has embodied the hopes and fears of America since the recovery began in 2009. The hope is that China will take part in a global rebalancing, increasing consumption and importing more. The fear is Beijing continues artificially to depress its currency to boost exports, acting as a parasite on global growth.
對美國來說，自2009年經濟開始復甦以來，中國一直代表著希望和恐懼。希望在於，中國將參與到全球再平衡過程中，增加消費和進口。恐懼在於，北京方面繼續人爲壓低人民幣匯率以提振出口，甘作一隻依附於全球成長的寄生蟲。
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