Because China's construction sector accounts for a big part of global demand for raw materials such as steel and copper, housing also will help determine the path that commodity prices take.
这是因为钢铁和铜等原材料的全球需求很大部分来自中国建筑部门,住房市场走势也将在一定程度上决定大宗商品价格的走势。
Without a genuine program to raise the efficiency of the private sector and deal with chronic shortfalls in domestic private demand, Japan will remain addicted to deficit.
如果没有一个真正的计划来提升私人部门效率,并解决低迷的国内私人需求的话,日本仍会继续迷恋赤字财政。
The problem in the aftermath of a bubble isn't merely that a "given" level of demand switches from one sector to another.
泡沫破灭之后的问题可不仅仅是“给定”需求水平,从一个部门到另一个部门的转移。
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