And unlike America, Germany is a supplier of global credit: its current-account surplus was a hefty 7.7% of GDP last year, according to the OECD.

不同于美国，德国是全球信贷的供应商：据经合组织称，去年其经常账户盈余是达到了惊人的7.7%。

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All other things being equal credit conditions in China should be easy under a fixed or managed exchange rate system and a large balance of payments surplus.

若其它因素不变，在实行固定或有管理的汇率体制及国际收支大笔盈余的情况下，中国的信贷环境应是宽松的。

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First, service premium is a key issue of credit market with the transition from shortage economy to surplus one.

研究认为，第一，在信贷市场从短缺经济走向过剩经济的情况下，“服务溢价”成为关键性环节；

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Firms can include this pension surplus as a credit in their income statements.

ECONOMIST: American profits

And unlike America, Germany is a supplier of global credit: its current-account surplus was a hefty 7.7% of GDP last year, according to the OECD.

ECONOMIST: The euro-area economy

When the U.S. government spends more than its revenues during any significant period, the shortfall would be financed by credit until the borrowings could be covered by a surplus.

FORBES: Republicans must mark their budget territory