Chinese consumers now contribute almost as much as America's to global consumer spending growth, while Chinese investment has outstripped the US since 2001.
And for the purposes of investment decisions, the second group didn't matter; tracking its spending habits or worrying over its savings rate was a waste of time.
投资决策的目的,第二种人并不关心。调查他们的消费习惯,关心他们的储蓄率根本就是浪费时间。
3
Given the scale of the spending, some money is sure to have been wasted, but by and large, investment in roads, railways and the electricity grid will help China sustain its growth in the years ahead.