亏损企业被允许大量生产廉价商品，从而影响到高质量企业的盈利能力（以及它们的投资激励 ） ， 这一事实延长了通缩时间。
The fact that loss-making enterprises were allowed to churn out cheap products, eroding the profitability of high-quality enterprises (and thus their incentive to invest), prolonged the deflation.