Clear skies greeted the delegates arriving in Beijing for the last annual gathering of China’s parliament. At this year’s meeting of the National People’s Congress, the smog is thick and the economic gloom thicker. Market sentiment remains fragile, the latest data show a deepening slowdown in both industry and services, and capital flight is keeping the renminbi under pressure. A warning from Moody’s this week added to the downbeat mood: the US rating agency voiced a widespread fear that Chinese officials — previously able to engineer even the weather — may be unable to manage these strains.
一年一度的全国人大会议去年召开之时，迎接抵达北京的代表们的是晴朗的蓝天。然而在今年的人大会议召开之际，浓重的雾霾笼罩了北京，manbetx20客户端下载 的阴霾更是如此。市场情绪依然脆弱，最新数据表明工业和服务业的放缓正在加深，资本外逃使人民币持续蒙受压力。穆迪(Moody’s)本周发出的警告加深了悲观情绪：这家美国评级机构说出了一种广泛的担忧情绪——此前甚至连天气都能控制的manbetx3.0 官员可能无力应对这些压力。