In most countries the stock market and the economy move up and down together in a happy union, but in China they have often been distant relatives. That split is widening like never before, with the economy continuing to slow but the stock market taking off, all of which hints at deep dysfunction in the financial system.
在大多數國家，股市和經濟是同漲同跌的天作之合，但在中國，它們往往是相距遙遠的親戚。如今這種背離達到了前所未有的程度——經濟增長持續放緩，但股市卻在高歌猛進，所有這些表明中國金融體系出現了嚴重失靈。
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