理论上,此类投入应该降低中国居民很高的预防性储蓄,促进消费水平——这是过去五年间的关键政策目标。
Such spending measures should, in theory, reduce the high level of precautionary savings and lift consumption, a key policy aim of the past five years.
在默克尔心目中,问题在于美国的借债和消费,而不是中国的汇率政策。
To Ms Merkel's mind, the problem is America's borrowing and spending rather than China's exchange rate policy.
虽然中官员高谈阔论将重心转移至消费,但是美政策制定人对中国是否做了实际工作心存疑虑。
Chinese officials talk a lot about shifting towards a greater focus on consumption, but American policymakers doubt whether much has really been done.
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