By waiting until the economy has overheated and is at risk of veering out of control, the need to act -- and act decisively -- has become more urgent.

• 在经济已经过热、可能会失控的情况下，采取决定性的行动显得更加紧迫。传统的那些稳定宏观经济的办法，也不能解决中国目前的问题。