而当很多先进经济体逆着冷风艰难前行时，诸多新兴市场却高温不退——通胀压力加剧，信贷强劲增长，经常账户逆差不断扩大。

And while many advanced economies face these cold headwinds, many emerging markets are facing too much heat-inflation pressures, strong credit growth, rising current account deficits.

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而新的缓冲资本旨在向银行监管人提供第二个应对办法，即当聚会仍在火热进行时，授权他们端走大酒杯，或当经济衰退时，他们可以使酒杯满上。

The new capital buffer is intended to give bank supervisors a second tool: they can take away the punch bowl while the party is still in full swing or can top it up when the economy is slowing.

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承认新的经济并行时候已到。

It's time we recognize the new economic parallel.

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