英语翻译然而高消费、超前消费的结果,使总储蓄小于总投资,产生贸易逆差和财政赤字.高消费需要高工资、高福利来支撑,而作为高工资、高福利的美国,其劳动力成本必然比中国高.这样,美国

Question

英语翻译
然而高消费、超前消费的结果,使总储蓄小于总投资,产生贸易逆差和财政赤字.高消费需要高工资、高福利来支撑,而作为高工资、高福利的美国,其劳动力成本必然比中国高.这样,美国跨国公司为降低生产成本和提高竞争力,就会规模地对中国进行直接投资

Answer 1

Nevertheless the result of high consumption and excessive consumption would make total savings less than total investments, generating trade deficit and fisical deficit. High consumption needs the support of high income and high welfare, and then it would be inevitable that the cost of labor in the United States,which is of high income and high welfare, be higher than that in China. Thus, mutli-national corporations of the United States would directly put investments of certain scale in China so as to reduce the cost of production and enhance their competition.

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