中国官员誓言振兴疲软增长，因为房地产低迷阻碍了国内消费。尽管北京在很大程度上抵制了经济学家关于财政刺激的呼吁，但政策制定者面临的压力不断增加，他们今天表示将采取行动稳定房地产行业、促进就业和支持居民消费，荷兰国际集团（ING）中国首席经济学家指出这是“语气的一点转变”。虽然出口保持强劲，但中国仍有可能错过其官方增长目标，该目标已是数十年来最低。
Chinese officials vowed to bolster flagging growth as a real estate downturn hampers domestic consumption. Though Beijing has largely resisted economists’ calls for fiscal stimulus, the pressure has piled on policymakers, who signaled today they will move to stabilize the property sector, boost employment, and support household spending, which ING’s China chief economist noted was “a bit of a shift in tone.”While exports remain buoyant, China is nevertheless likely to miss its official growth target, already the lowest in decades.
居民消费占GDP的比例仍远低于高收入国家，估计3270亿美元的不良消费债务正阻碍着消费，一些分析师担心该国可能陷入通货紧缩螺旋。—— Jeronimo Gonzalez
Household spending, which remains far below that of high-income nations as a percentage of GDP, is being hampered by an estimated $327 billion in bad consumer debt and some analysts fear the country could tip into a deflationary spiral. — Jeronimo Gonzalez