与欧美不同的是,欧美经济是衰退,中国经济是增长持续下降。之前市场对中国经济在二季度反弹的预期再一次落空,央行于年内第二次下调了存款准备金率。即使是在流动性相对宽裕的情况下,中国的信贷依然不见明显的起色,好像掉进了“信贷陷阱”。 The difference with Europe and the United States is that the economy of Europe and the United States is in recession and the growth of China’s economy is declining continuously. Before the market expectations of China’s economy rebound in the second quarter fell again, the central bank cut the deposit reserve ratio for the second time this year. Even in relatively liquid conditions, China’s credit is still no obvious improvement, it seems to fall into the “credit trap.”