Severe overcapacity means that prices for electronic goods are declining and even food-price inflation has eased significantly .
严重的生产能力过剩意味着电子产品价格的下跌,甚至也意味着食品价格上涨已大大放缓。
The problem , of course , is that no country can be productive enough to reinvest 50 percent of gdp in new capital stock without eventually facing immense overcapacity and a staggering nonperforming loan problem .
Many experts , and even some government officials , predict that trade tensions will swiftly accompany the eventual emergence of overcapacity in the auto industry .
甚至包括政府官员在内的很多专家都预测,供应紧张很快就会最终导致汽车产业的生产能力过剩。
The sudden shift in central policy towards monetary loosening has also allowed regional officials to step up efforts to protect enterprises in their districts , providing credit and implementing " buy local " policies that will set back efforts to promote consolidation and curb overcapacity .
The question now is whether the reformist zeal will stop at the rebuilding of tohoku , the devastated region in the north-east , or go further , to solve the problems of overcapacity , high public debt and deflation that were plaguing japan long before the disaster .