US consumers are no longer going to be the engine for Chinese export-led growth, but nor can Chinese savers continue to finance American borrowing.
美国消费者将不再是中国出口拉动型增长的引擎,而中国储蓄者也不再能够继续为美国的借贷提供资金。
Today more balance-sheets need repair, the prospects for export-led growth are dimmer, and the increases in public debt will be broader.
今天更多的资产负债表需要被修复,出口拉动型增长的前景更加暗淡,公债的增加将会更加广泛。
Without a substitute for American buying, any global revival will be feeble, because the U.S. needs export-led growth and other countries must somehow offset their lost sales to the United States.
没有美国购买力的替代品,全球复苏将会举步维艰,因为美国是出口带动型增长,而其他国家则不论如何都要在美国身上抵消自己的损失。
As far as responding to the recession goes, Ireland appears to be really, truly without options, other than to hope for an export-led recovery if and when the rest of the world bounces back.
对于爱尔兰来说,除了寄希望于其它国家的经济反弹以此带动本国出口导向经济的复苏,看来的的确确没有其它应对衰退的办法。
America's large external deficit could be sustained for years as Asian central Banks kept their currencies cheap in order to foster export-led growth.
只要亚洲央行为促进出口引导的增长而继续压低其货币币值,美国巨大的外部赤字就能够持续多年。
America's large external deficit could be sustained for years as Asian central Banks kept their currencies cheap in order to foster export-led growth.
只要亚洲央行为促进出口引导的增长而继续压低其货币币值,美国巨大的外部赤字就能够持续多年。
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