Even as Beijing announces the latest “mini-stimulus”, it should be clear that Chinese economic growth is far from having bottomed out. Over the next few years, the world’s second-biggest economy will slow to well below current expectations of 6-7 per cent. While most analysts believe that slower growth in gross domestic product must unleash social unrest, they may be focusing on the wrong numbers.
即便在北京方面宣佈最新的「微刺激」之際,人們也應當搞清楚一點:中國經濟成長距離觸底還很遠。未來幾年裏,全球第二大經濟體的增速將放緩至遠低於目前所預期的6%至7%的水準。儘管多數分析師相信國內生產毛額(GDP)成長放緩肯定會引發社會不安定,但他們也許正在關注錯誤的數字。
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