Both too much and too little are expected of China's response to the economic crisis: too much, because the Asian giant can play only a modest role in rescuing the world economy; too little, because few believe the economy will be radically changed. The stimulus programme is helpful, for China and the world. But the real challenge is structural transformation.
對于中國對此次經濟危機的應對,外界的期望值有時過高,有時卻過低:說它過高,是因為這個亞洲巨人在拯救全球經濟方面僅能發揮有限的作用;而說它過低,則是因為幾乎沒人認為中國經濟將出現根本性改變。對于中國和世界而言,經濟刺激計劃有所幫助。但真正的挑戰在于結構性轉變。
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