王志浩表示，中国有可能找到了掩饰其购买美国国债的新途径，也有可能在购入没有显示在月度数据中的风险较高的美国资产。
Mr Green said it was possible China had found a new way to disguise its purchases of US government debt - or could be buying riskier US assets that don't show up in monthly data.
当然，王志浩不愿意宣布中国廉价劳动力时代已告终结。
To be sure, Green is reluctant to declare the end of cheap labor in China.
王志浩在一份研究报告中说，在过去几年，中国劳动人口的新增数量一直在下降。
In a research note, Green says the number of entrants to China's workforce has been falling for the past few years.
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