大规模债务融资将中国信贷占GDP的比率提高到近200 % ， 凸显出金融系统的脆弱性 — — 不久前的银行同业拆借利率飙升就反映了这一点。
Large-scale, debt-funded capital investments have raised the country’s credit/GDP ratio to nearly 200%, increasing the financial system’s vulnerability – a development reflected in the recent spike in interbank interest rates.