增长7.7%,以历史的尺度衡量的确偏弱,不过这是今天中国经济中最不成问题的问题,增长之外才是问题。中国经济在第一季度同比增长仅为7.7%,如果以环比折年率计算,目前增长速度只有6.6%,消息传来,市场大哗。如此的增长速度,印证了笔者之前的预言所谓增长反弹不过是一个伪周期,经济并未进入新的上升周期,只是现有周期的延续而已。 An increase of 7.7% is indeed weak on a historical scale. However, this is the least problematic issue in the Chinese economy today, and the only exception is the growth. China’s economy grew by only 7.7% in the first quarter of the previous year. If the annual growth rate was only 6.6%, the news came that the market was uproaring. This growth rate, confirming the author’s previous prediction that the so-called growth rebound is only a pseudo-cycle, the economy has not entered a new cycle of ascent, but the continuation of the existing cycle only.