总的来说，对于西方国家，尤其是美国，危机源于内部因素，并最终导致金融体系的崩溃。对于中国，这只是一个外部冲击，对出口不利，但对金融、政治和经济体系却没有影响。

China has discovered a remarkably efficient method of unleashing the creative, acquisitive, and entrepreneurial energies of the people who are allowed to pursue their self-interest while the State can cream off a significant portion of the surplus value of their labor by maintaining an undervalued currency and accumulating a trade surplus. So China is likely to emerge as the big winner.

中国已找到一种极为有效的方法来激发人们的创造力、求知欲和进取心。鼓励人们去追求自身利益，而同时国家就能够通过持有贬值的货币和累积贸易顺差来获取劳动力剩余价值中的大部分利益。因此，中国很可能成为大贏家。

In China, the rulers know that they must avoid social unrest if they want to remain the rulers. Therefore they will do anything in their power to maintain economic growth at 8 percent and create new jobs for a growing workforce. And they have plenty of power because of the trade surplus. China can stimulate its domestic economy through infrastructure investments and it can foster its exports by investing in and extending credits to their trading partners. After all, that is what China was doing when it was financing its exports to America by buying US government bonds. Now that the American consumers have to cut back, they can do the same with other countries. So China will be a positive force in the world economy while the United States will be limping along.

中国领导人很清楚，如果要保持其领导地位就必须避免社会动荡。于是，他们将尽最大力量使经济增长保持8%的速度，并且为不断增加的劳动力创造新的就业机会。由于贸易顺差，他们拥有极大优势，可以通过投资基础设施刺激国内经济，可以通过为其贸易伙伴提供投资和信贷促进出口。通过购买美国政府债券而筹资支持对美国的出口，中国正是这样做的。由于美国消费者不得不缩减开支，他们可以与其他国家发展贸易关系。因此，中国将成为推动世界经济发展中的积极力量，而美国将举步维艰。