The last time – in late 2008 – that economic peril was stalking the US and Europe, China marshalled the might of its state-directed economy and engineered a muscular rebound that led the subsequent global recovery. This time, though, Beijing is feeling a lot less muscular.
經濟危機上次（即2008年底）肆虐美國和歐洲時，中國調動出了其政府主導型經濟的力量，推動本國經濟有力反彈，帶領全球經濟隨后步入復蘇。但這一次，北京方面卻感到力不從心。
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