Markets have not been enthused by the numbers coming out of China in recent months. Typical headlines are “China’s production indicators disappoint” or “analysts are worried that rapid expansion is faltering”. Estimates of China’s economic growth this year are slipping from more than 8 per cent to something closer to 7.5 per cent. Those concerned about the country’s longer-term growth challenges, however, tend to be more relaxed about near-term outcomes but preoccupied with the new leadership’s commitment to reforms.
中國最近幾個月的經濟數據沒能讓市場振奮起來。報上常看到「中國生產指標令人失望」、「分析師擔憂快速擴張難以維繫」之類的大字標題。對今年中國經濟成長率的預測從8%以上調低到了7.5%左右。然而,那些對中國長期成長挑戰感到擔憂的人往往不那麼在意短期前景,他們更加關注的是新一屆領導層的改革承諾。