2012年,是充满忐忑的一年,对于欧美债务危机,双针探底已经是较好的走势了。而中国经济完成转型之前,任何关于“软硬着陆”的争论都还为时尚早。而我们此时关注的,是中国基建在四万亿刺激收尾之后,为产能严重过剩的建材行业,带来的是 2012 is full of grudges for the year, for the debt crisis in Europe and the United States, double-dip probe is already a good trend. Before the Chinese economy completed the transition, any debate over the “hard and soft landing” was still premature. At this moment, what we are concerned about is that after the construction of China’s infrastructure has ended with a stimulus of 4 trillion yuan, it is the building materials industry with a serious overcapacity.