7位专家谈他们对中国经济的忧虑
<p><span word="Chinese">Chinese</span> <span word="GDP">GDP</span> <span word="growth">growth</span> <span word="slowed">slowed</span> <span word="to">to</span> 7.7% <span word="last">last</span> <span word="year">year</span>, <span word="hitting">hitting</span> <span word="its">its</span> <span word="lowest">lowest</span> <span word="level">level</span> <span word="since">since</span> 1999.</p><p><span word="Some">Some</span> <span word="of">of</span> <span word="the">the</span> <span word="biggest">biggest</span> <span word="issues">issues</span> <span word="we">we</span>'<span word="re">re</span> <span word="seeing">seeing</span> <span word="in">in</span> <span word="the">the</span> <span word="headlines">headlines</span> <span word="these">these</span> <span word="days">days</span> <span word="are">are</span> <span word="concerns">concerns</span> <span word="over">over</span> <span word="shadow">shadow</span> <span word="banking">banking</span>, <span word="rising">rising</span> <span word="local">local</span> <span word="government">government</span> <span word="debt">debt</span>, <span word="and">and</span> <span word="trust">trust</span> <span word="defaults">defaults</span>.</p><p><span word="The">The</span> <span word="credit">credit</span> <span word="crunch">crunch</span> <span word="China">China</span> <span word="experienced">experienced</span> <span word="last">last</span> <span word="year">year</span>, <span word="and">and</span> <span word="the">the</span> <span word="worry">worry</span> <span word="that">that</span> <span word="deleveraging">deleveraging</span> <span word="could">could</span> <span word="trigger">trigger</span> <span word="a">a</span> <span word="hard">hard</span> <span word="landing">landing</span> <span word="is">is</span> <span word="also">also</span> <span word="getting">getting</span> <span word="a">a</span> <span word="lot">lot</span> <span word="of">of</span> <span word="attention">attention</span>.</p><p><span word="We">We</span> <span word="asked">asked</span> <span word="six">six</span> <span word="China">China</span> <span word="experts">experts</span> <span word="the">the</span> <span word="same">same</span> <span word="question">question</span>. <span word="What">What</span> <span word="worries">worries</span> <span word="you">you</span> <span word="the">the</span> <span word="most">most</span> <span word="about">about</span> <span word="China">China</span>? <span word="Here">Here</span> <span word="are">are</span> <span word="their">their</span> <span word="responses">responses</span>:</p><p><span word="Alaistair">Alaistair</span> <span word="Chan">Chan</span>, <span word="Moody">Moody</span>'<span word="s">s</span>: "<span word="The">The</span> <span word="central">central</span> <span word="bank">bank</span>’<span word="s">s</span> <span word="campaign">campaign</span> <span word="to">to</span> <span word="cut">cut</span> <span word="risky">risky</span> <span word="lending">lending</span> <span word="practices">practices</span> <span word="and">and</span> <span word="over">over</span>-<span word="leverage">leverage</span> <span word="in">in</span> <span word="the">the</span> <span word="financial">financial</span> <span word="sector">sector</span> <span word="via">via</span> <span word="monetary">monetary</span> <span word="tightening">tightening</span> <span word="is">is</span> <span word="a">a</span> <span word="big">big</span> <span word="concern">concern</span>. <span word="The">The</span> <span word="PBoC">PBoC</span> <span word="seems">seems</span> <span word="to">to</span> <span word="have">have</span> <span word="learned">learned</span> <span word="from">from</span> <span word="the">the</span> <span word="June">June</span> 2013 <span word="Shibor">Shibor</span> <span word="scare">scare</span>, <span word="but">but</span> <span word="it">it</span> <span word="is">is</span> <span word="still">still</span> <span word="unclear">unclear</span> <span word="how">how</span> <span word="monetary">monetary</span> <span word="tightening">tightening</span> <span word="against">against</span> <span word="a">a</span> <span word="backdrop">backdrop</span> <span word="of">of</span> <span word="potential">potential</span> <span word="defaults">defaults</span> <span word="in">in</span> <span word="corporate">corporate</span> <span word="bonds">bonds</span> <span word="this">this</span> <span word="year">year</span> <span word="will">will</span> <span word="unfold">unfold</span>."</p><p><span word="David">David</span> <span word="Cui">Cui</span>, <span word="Bank">Bank</span> <span word="of">of</span> <span word="America">America</span>: "<span word="Debt">Debt</span> <span word="growth">growth</span> <span word="and">and</span> <span word="corporate">corporate</span> <span word="sector">sector</span> <span word="solvency">solvency</span> <span word="issue">issue</span>."</p><p><span word="Patrick">Patrick</span> <span word="Chovanec">Chovanec</span>, <span word="Silvercrest">Silvercrest</span> <span word="Asset">Asset</span> <span word="Management">Management</span>: "<span word="I">I</span>'<span word="m">m</span> <span word="worried">worried</span> <span word="that">that</span> <span word="Chinese">Chinese</span> <span word="leaders">leaders</span> <span word="actually">actually</span> <span word="believe">believe</span> <span word="it">it</span> <span word="when">when</span> <span word="they">they</span> <span word="say">say</span> <span word="everything">everything</span> <span word="is">is</span> <span word="under">under</span> <span word="control">control</span>. <span word="The">The</span> <span word="clock">clock</span> <span word="is">is</span> <span word="fast">fast</span> <span word="running">running</span> <span word="out">out</span> <span word="on">on</span> <span word="China">China</span>'<span word="s">s</span> <span word="tactic">tactic</span> <span word="of">of</span> <span word="using">using</span> <span word="runaway">runaway</span> <span word="credit">credit</span> <span word="to">to</span> <span word="fuel">fuel</span> <span word="investment">investment</span>-<span word="led">led</span> <span word="growth">growth</span>.</p><p>"<span word="At">At</span> <span word="best">best</span> <span word="China">China</span> <span word="faces">faces</span> <span word="a">a</span> <span word="growth">growth</span> <span word="squeeze">squeeze</span> <span word="from">from</span> <span word="a">a</span> <span word="mounting">mounting</span> <span word="burden">burden</span> <span word="of">of</span> <span word="bad">bad</span> <span word="debt">debt</span>, <span word="at">at</span> <span word="worse">worse</span> <span word="that">that</span> <span word="bad">bad</span> <span word="debt">debt</span> <span word="will">will</span> <span word="blow">blow</span> <span word="up">up</span> <span word="in">in</span> <span word="its">its</span> <span word="face">face</span>. <span word="Either">Either</span> <span word="way">way</span>, <span word="China">China</span> <span word="faces">faces</span> <span word="a">a</span> <span word="wrenching">wrenching</span> <span word="economic">economic</span> <span word="adjustment">adjustment</span>. <span word="If">If</span> <span word="China">China</span>'<span word="s">s</span> <span word="leaders">leaders</span> <span word="recognize">recognize</span> <span word="not">not</span> <span word="just">just</span> <span word="the">the</span> <span word="direction">direction</span> <span word="but">but</span> <span word="also">also</span> <span word="the">the</span> <span word="urgency">urgency</span> <span word="of">of</span> <span word="change">change</span>, <span word="they">they</span> <span word="have">have</span> <span word="some">some</span> <span word="hope">hope</span> <span word="of">of</span> <span word="getting">getting</span> <span word="to">to</span> <span word="the">the</span> <span word="other">other</span> <span word="side">side</span>. <span word="If">If</span> <span word="they">they</span> <span word="kid">kid</span> <span word="themselves">themselves</span> <span word="into">into</span> <span word="complacency">complacency</span>, <span word="they">they</span> <span word="are">are</span> <span word="courting">courting</span> <span word="disaster">disaster</span>."</p>
页:
[1]