梁红

“由于外汇储备增速继续高于gdp，这一趋势显然在加速，”梁红说。

" The trend is clearly accelerating as the reserves continue to grow faster than GDP , " she said .

然而，高盛公司的经济学家梁红认为以M2来测算低估了游弋在中国周边流动性资金的规模。

But Hong Liang , an economist at Goldman Sachs , reckons that the M2 measure of money understates the amount of liquidity sloshing around in China .

高盛（GoldmanSachs）驻香港的中国经济学家梁红表示，扩大人民币汇率浮动区间，是中国汇率改革过程中一个具有象征意义、但值得赞许的进展。

Hong Liang , Goldman Sachs ' China economist in Hong Kong , says the band widening is a symbolic but laudable development in China 's foreign exchange reform .

高盛（goldmansachs）的梁红表示，通胀压力还有一个更传统的来源，即“已经超出潜能”的经济还在不断加速增长。

Inflationary pressures are also coming from a more traditional source , an accelerating economy " already running above its potential " , according to Hong Liang , of Goldman Sachs .

但高盛（GoldmanSachs）中国区经济学家梁红（HongLiang）估计，过去18个月，由于息差方向逆转，中国央行每月在票据上的损失约为40亿美元。

But Hong Liang , Goldman Sachs China economist , calculates the PBoC is losing about $ 4bn a month on its bills because of the turnround in the interest rate differential over the past 18 months .

高盛（goldmansachs）驻香港经济学家梁红表示：“话虽如此，但我们相信，潜在的贸易增长势头比我们预期中的更强劲。”

Hong Liang , an economist with Goldman Sachs in Hong Kong , said : " however , that said , we believe the underlying growth momentum in trade is firmer than we expected . "

高盛（GoldmanSachs）经济学家梁红表示：我们相信，中国经济也许实际上已经度过了增长势头略显低迷的时期，可能将走上一条逐渐反弹的道路。

We believe the real economy may have already passed through the trough of a shallow correction in growth momentum , and will likely be on a gradual rebound path , said Hong Liang of Goldman Sachs .