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五年以前中国的国民生产总值还只是日本的一半,今年初中国已超过日本,成为世界第二大经济体。中国下一个赶超的将是美国这个经济巨人,几乎可以肯定,这只需要十年或二十年。三十年来,中国经济的每年增长率高达8%到10%,因此中国就像世界经济的发动机,其一举一动都会影响全世界。中国最近的一个举动值得特别关注。上个月,中国三年以来首次上调利率,
Five years ago, China’s GNP was only half that of Japan. At the beginning of this year, China surpassed Japan and became the second-largest economy in the world. China’s next catching up will be the U.S. economic giant, which is almost certain that it will take only 10 or 20 years. For three decades, the annual growth rate of China’s economy has been as high as 8% to 10%. Therefore, like China’s engine of world economy, every move of its own will affect the world. A recent move by China deserves special attention. Last month, China raised interest rates for the first time in three years,