Suddenly China finds itself damned if it inflates, and damned as it deflates. After appearing to sail so effectively through the world financial crisis, China’s economy is at a major, difficult turning-point, requiring big shifts in policy emphasis, and acceptance of much slower growth for at least a few years.
中國忽然發現自己進退兩難，不管通縮還是通膨都不可取。在似乎從全球金融危機中全身而退以後，中國經濟正處於重要而艱難的轉折點，這要求明確轉變政策重點，並且至少在未來幾年內接受經濟成長大幅放緩。
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