中国将吃掉我们的午餐

China Will Eat Our Lunch

中国的通货膨胀率最近猛增（10月份为6．5％），大多数经济学家认为这是经济快速增长不可避免的结果。几乎没有人问：一个生产力获得巨大增长、对全世界物价下降有功的国家，为何不能降低国内物价？

Most economists attribute the recent spike in Chinese inflation （6.5 percent in October） as an inevitable consequence of rapid growth. Few question why a country that has made tremendous gains in productivity, and that is responsible for lowering prices around the world, cannot deliver lower prices at home.