{"id":13994,"date":"2026-01-15T15:37:01","date_gmt":"2026-01-15T07:37:01","guid":{"rendered":"https:\/\/www.chinesenews.site\/index.php\/2026\/01\/15\/13994\/"},"modified":"2026-01-15T15:37:01","modified_gmt":"2026-01-15T07:37:01","slug":"13994","status":"publish","type":"post","link":"https:\/\/www.novel086.top\/index.php\/2026\/01\/15\/13994\/","title":{"rendered":"\u4e2d\u56fd\u7684\u8d38\u6613\u987a\u5dee\u6bd4\u7279\u6717\u666e\u5173\u7a0e\u66f4\u5371\u9669\u00a0"},"content":{"rendered":"<address>ESWAR PRASAD<\/address>\n<p><time datetime=\"2026-01-15 03:16:02\">2026\u5e741\u670815\u65e5<\/time><\/p>\n<figure><img data-opt-id=912427215  fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/images.weserv.nl\/?url=static01.nyt.com\/images\/2026\/01\/14\/opinion\/14prasad\/14prasad-master1050.jpg\" width=\"1050\" height=\"840\" \/><figcaption> <cite>Qilai Shen\/Panos Pictures, via Redux<\/cite><\/figcaption><\/figure>\n<section>\n<p>\u636e\u4e2d\u56fd\u5468\u4e09\u53d1\u5e03\u7684\u5b98\u65b9\u6570\u636e\u663e\u793a\uff0c2025\u5e74\u4e2d\u56fd\u8d38\u6613\u987a\u5dee\uff08\u5373\u51fa\u53e3\u989d\u8d85\u51fa\u8fdb\u53e3\u989d\u7684\u90e8\u5206\uff09\u8fbe\u5230\u60ca\u4eba\u76841.19\u4e07\u4ebf\u7f8e\u5143\u3002\u8fd9\u4e00\u6570\u5b57\u65e2\u5f70\u663e\u51fa\u4e2d\u56fd\u4f5c\u4e3a\u51fa\u53e3\u5927\u56fd\u7684\u5f3a\u52b2\u5b9e\u529b\uff0c\u4e5f\u6298\u5c04\u51fa\u5176\u7ecf\u6d4e\u5b58\u5728\u7684\u8106\u5f31\u6027\uff0c\u540c\u65f6\u8fd8\u8868\u660e\uff0c\u4e2d\u56fd\u7684\u8d38\u6613\u884c\u4e3a\u5bf9\u81ea\u7531\u8d38\u6613\u6784\u6210\u7684\u5371\u9669\u751a\u81f3\u8d85\u8fc7\u4e86\u7279\u6717\u666e\u603b\u7edf\u7684\u5173\u7a0e\u653f\u7b56\u3002<\/p>\n<p>\u7279\u6717\u666e\u7684\u5173\u7a0e\u65e0\u7591\u4e25\u91cd\u51b2\u51fb\u4e86\u81ea\u7531\u8d38\u6613\u3002\u5728\u7f8e\u56fd\u9010\u6e10\u653e\u5f03\u5176\u5168\u7403\u9886\u5bfc\u89d2\u8272\u7684\u80cc\u666f\u4e0b\uff0c\u4e2d\u56fd\u8bd5\u56fe\u625b\u8d77\u63a8\u52a8\u5168\u7403\u5316\u3001<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.yahoo.com\/news\/china-presents-itself-defender-global-111804234.html\">\u634d\u536b\u652f\u6491\u5168\u7403\u8d38\u6613\u7684\u591a\u8fb9\u89c4\u5219\u4f53\u7cfb<\/a>\u7684\u5927\u65d7\u2014\u2014\u800c\u8fd9\u5957\u4f53\u7cfb\u6b63\u662f\u7f8e\u56fd\u4e3b\u5bfc\u5efa\u7acb\u7684\u3002<\/p>\n<p>\u4e2d\u56fd\u7684\u7ecf\u6d4e\u53d1\u5c55\u6a21\u5f0f\u7684\u786e\u5b9e\u73b0\u4e86\u7ecf\u6d4e\u589e\u957f\uff0c\u4f46\u8fd9\u79cd\u589e\u957f\u662f\u5931\u8861\u7684\u3002\u8fd1\u5e74\u6765\uff0c\u5efa\u7b51\u3001\u673a\u68b0\u548c\u8bbe\u5907\u9886\u57df\u7684<a href=\"https:\/\/cn.nytimes.com\/business\/20250408\/china-manufacturing-exports-trump-tariffs\/\">\u6295\u8d44<\/a>\u6210\u4e3a\u62c9\u52a8\u7ecf\u6d4e\u7684\u4e3b\u8981\u5f15\u64ce\u3002\u6b64\u7c7b\u6295\u8d44\u56fa\u7136\u80fd\u63d0\u5347\u4ea7\u80fd\u6f5c\u529b\uff0c\u5177\u6709\u79ef\u6781\u610f\u4e49\u3002\u4f46\u968f\u7740\u623f\u4ef7\u4e0b\u8dcc\u5bfc\u81f4\u623f\u5730\u4ea7\u6295\u8d44\u840e\u7f29\uff0c\u5927\u91cf\u6295\u8d44\u6d3b\u52a8\u8f6c\u800c\u7531<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/en.macromicro.me\/charts\/298\/cn-investment-actually-completed-state-owned-state-controlled-enterprises-vs-private-growth-rate\">\u56fd\u6709\u4f01\u4e1a<\/a>\u4e3b\u5bfc\uff0c\u65e2\u7f3a\u4e4f\u6548\u7387\uff0c\u4e5f<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/chinas-industrial-profits-tumble-fastest-pace-over-year-2025-12-27\/\">\u96be\u4ee5\u4ea7\u751f\u5229\u6da6<\/a>\u3002<\/p>\n<p>\u5373\u4fbf\u5982\u6b64\uff0c\u5927\u89c4\u6a21\u7684\u6295\u8d44\u4ecd\u50ac\u751f\u4e86\u6d77\u91cf\u5546\u54c1\u4ea7\u51fa\u3002\u8fd9\u672c\u8be5\u662f\u4e00\u4ef6\u597d\u4e8b\uff0c\u5374\u6ecb\u751f\u51fa\u4e00\u4e2a\u96be\u9898\uff1a\u7531\u4e8e\u4e2d\u56fd\u5bb6\u5ead\u4e0d\u613f\u968f\u610f\u6d88\u8d39\uff0c<a href=\"https:\/\/cn.nytimes.com\/business\/20251020\/china-economy-gdp-q3\/\">\u56fd\u5185\u6d88\u8d39<\/a>\u589e\u901f\u59cb\u7ec8\u8ddf\u4e0d\u4e0a\u4ea7\u51fa\u6269\u5f20\u7684\u6b65\u4f10\u3002\u9762\u5bf9\u4e0d\u7a33\u5b9a\u7684\u5c31\u4e1a\u524d\u666f\u548c<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-20\/china-home-prices-drop-faster-even-as-top-cities-expand-support\">\u6301\u7eed\u7f29\u6c34\u7684\u623f\u4ea7\u4ef7\u503c<\/a>\uff0c\u8bb8\u591a\u5bb6\u5ead\u9009\u62e9\u5c06\u5927\u90e8\u5206\u6536\u5165\u5b58\u5165\u94f6\u884c\u3002\u800c\u516c\u4f17\u5bf9\u653f\u5e9c\u7ecf\u6d4e\u7ba1\u7406\u80fd\u529b\u7684\u62c5\u5fe7\u8fdb\u4e00\u6b65\u6253\u51fb\u4e86<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-04\/retreat-in-china-pork-prices-points-to-weak-consumer-confidence\">\u5c45\u6c11\u6d88\u8d39\u4fe1\u5fc3<\/a>\uff0c\u6291\u5236\u4e86\u5e02\u573a\u9700\u6c42\u3002<\/p>\n<p>\u5f53\u4e00\u4e2a\u7ecf\u6d4e\u4f53\u7684<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.dallasfed.org\/research\/economics\/2025\/1230\">\u4ea7\u51fa\u5927\u4e8e\u6d88\u8d39<\/a>\u65f6\uff0c\u5fc5\u7136\u4f1a\u51fa\u73b0\u76f8\u5e94\u7684\u8c03\u6574\u3002\u4e00\u79cd\u53ef\u80fd\u662f\u7269\u4ef7\u4e0b\u8dcc\uff0c\u8fd9\u901a\u5e38\u4f1a\u523a\u6fc0\u6d88\u8d39\u8005\u589e\u52a0\u8d2d\u4e70\u3002\u4f46\u5982\u679c\u5bb6\u5ead\u9884\u671f\u7269\u4ef7\u6301\u7eed\u8d70\u4f4e\uff0c\u53cd\u800c\u4f1a\u63a8\u8fdf\u6d88\u8d39\uff0c\u800c\u975e\u6269\u5927\u652f\u51fa\u3002\u4e2d\u56fd\u76ee\u524d\u6b63\u9762\u4e34\u8fd9\u6837\u7684<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/chinas-consumer-inflation-quickens-november-producer-deflation-persists-2025-12-10\/\">\u901a\u7f29\u538b\u529b<\/a>\u3002<\/p>\n<p>\u5982\u6b64\u4e00\u6765\uff0c\u552f\u4e00\u7684\u51fa\u8def\u4fbf\u662f\u5c06\u8fc7\u5269\u5546\u54c1\u9500\u5f80\u6d77\u5916\u2014\u2014\u8fd9\u4e5f\u6b63\u662f\u4e2d\u56fd\u5f53\u4e0b\u7684\u505a\u6cd5\uff0c\u5176<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/chinas-november-exports-top-expectations-imports-underperform-2025-12-08\/\">\u51fa\u53e3\u89c4\u6a21\u6b63\u5b9e\u73b0\u8de8\u8d8a\u5f0f\u589e\u957f<\/a>\u3002\u4f46\u7f8e\u56fd\u662f\u4e2a\u4f8b\u5916\uff1a\u7279\u6717\u666e\u653f\u5e9c<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.piie.com\/research\/piie-charts\/2019\/us-china-trade-war-tariffs-date-chart\">\u5bf9\u4e2d\u56fd\u5546\u54c1\u52a0\u5f81\u9ad8\u989d\u5173\u7a0e<\/a>\uff0c\u5bfc\u81f4\u4e2d\u56fd\u5bf9\u7f8e\u51fa\u53e3\u989d\u5927\u5e45\u4e0b\u6ed1\u3002\u8fd9\u8feb\u4f7f\u4e2d\u56fd\u4e0d\u5f97\u4e0d\u52a0\u5927\u5bf9\u5176\u4ed6\u8d38\u6613\u4f19\u4f34\u7684\u51fa\u53e3\u529b\u5ea6\uff0c\u8d8a\u6765\u8d8a\u4f9d\u8d56\u8fd9\u4e9b\u56fd\u5bb6\u6765\u6d88\u5316\u672c\u56fd\u7684\u8fc7\u5269\u4ea7\u80fd\uff0c\u4ece\u800c\u7ef4\u6301\u81ea\u8eab\u7684\u7ecf\u6d4e\u589e\u957f\u52bf\u5934\u3002<\/p>\n<p>\u6309\u7406\u8bf4\uff0c\u5176\u4ed6\u56fd\u5bb6\u672c\u5e94\u5bf9\u7269\u7f8e\u4ef7\u5ec9\u7684\u4e2d\u56fd\u5546\u54c1\u6d8c\u5165\u672c\u56fd\u5e02\u573a\u5fc3\u5b58\u611f\u6fc0\u3002\u4f46\u5b9e\u9645\u60c5\u51b5\u662f\uff0c\u4e0e\u7f8e\u56fd\u7ecf\u6d4e\u51ed\u501f\u7a33\u5065\u7684\u56fd\u5185\u751f\u4ea7\u603b\u503c\u589e\u901f\u548c\u5c31\u4e1a\u589e\u957f\u4fdd\u6301\u5f3a\u52b2\u53d1\u5c55\u6001\u52bf\u4e0d\u540c\uff0c\u6b27\u76df\u3001\u65e5\u672c\u3001\u82f1\u56fd\u7b49\u591a\u6570\u53d1\u8fbe\u7ecf\u6d4e\u4f53\u6b63\u9677\u5165\u56f0\u5883\u3002\u4e2d\u56fd\u7684\u51fa\u53e3\u5546\u54c1\u6b63\u51b2\u51fb\u7740\u8fd9\u4e9b\u56fd\u5bb6\u7684\u672c\u571f\u5236\u9020\u4e1a\uff0c\u4f7f\u5176\u96be\u4ee5\u4e0e\u4e4b\u7ade\u4e89\u3002\u751a\u81f3\u4e2d\u4f4e\u6536\u5165\u56fd\u5bb6\u4e5f\u96be\u4ee5\u6297\u8861\u4e2d\u56fd\u51fa\u53e3\u5546\u7684\u4f18\u52bf\uff0c\u4e0d\u5c11\u672c\u571f\u4f01\u4e1a\u56e0\u6b64\u9677\u5165\u56f0\u5883\u3002<\/p>\n<p>\u8fd9\u79cd\u5c40\u9762\u96be\u4ee5\u6301\u7eed\uff0c\u76f8\u5173\u56fd\u5bb6\u6b63\u7eb7\u7eb7\u91c7\u53d6\u53cd\u5236\u63aa\u65bd\u3002<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/frances-macron-threatens-china-with-tariffs-over-trade-surplus-les-echos-2025-12-07\/\">\u6cd5\u56fd\u603b\u7edf\u9a6c\u514b\u9f99<\/a>\u8fd1\u671f\u8bbf\u534e\u65f6\u4fbf\u63d0\u51fa\u4e86\u8d38\u6613\u95ee\u9898\u3002<a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.politico.eu\/article\/donald-trump-china-ursula-von-der-leyen\/\">\u6b27\u76df\u59d4\u5458\u4f1a\u4e3b\u5e2d\u51af\u5fb7\u83b1\u6069<\/a>\u8b66\u544a\u79f0\uff0c\u6b27\u6d32\u6709\u6ca6\u4e3a\u4e2d\u56fd\u5546\u54c1\u503e\u9500\u5730\u7684\u98ce\u9669\u3002\u58a8\u897f\u54e5\u5df2\u4e0a\u8c03\u5bf9\u4e2d\u56fd\u8fdb\u53e3\u5546\u54c1\u7684\u5173\u7a0e\uff0c\u5176\u4ed6\u56fd\u5bb6\u5f88\u53ef\u80fd\u4f1a\u6548\u4eff\u3002<\/p>\n<p>\u5bf9\u6b64\uff0c<a rel=\"noopener noreferrer\" target=\"_blank\" 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