随着中国市场的扩大 — — 上海和深圳股市的市值是11万亿美元 — — 它们越来越超出政策制定者管理价格和估值的能力。
As China’s markets expand – the capitalization of the Shanghai and Shenzhen markets is on the order of $11 trillion – they are increasingly outstripping policymakers’ capacity to manage prices and valuations.