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%。
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。
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；
Business credit pause to the sale of surplus goods more difficult, bank credit increased the confusion more difficult to sell surplus goods, so that sharpening of the crisis of overproduction.
商业信用的停顿使过剩商品的销售更加困难，银行信用的混乱更加加重了过剩商品的销售困难，从而使生产过剩危机趋于尖锐化。
Business credit pause to the sale of surplus goods more difficult, bank credit increased the confusion more difficult to sell surplus goods, so that sharpening of the crisis of overproduction.
商业信用的停顿使过剩商品的销售更加困难，银行信用的混乱更加加重了过剩商品的销售困难，从而使生产过剩危机趋于尖锐化。
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