A familiar refrain has returned to international debate: China is "causing" global economic imbalances. It is an easy argument, but not a convincing one. Earlier this month, the International Monetary Fund released a dedicated policy paper titled Understanding Global Imbalances, and held focused discussions on the widening of global imbalances and the underlying causes. 國際輿論場上又響起了那個熟悉的論調：中國正在"導致"全球經濟失衡。這種說法信手拈來，卻經不起推敲。本月早些時候，國際貨幣基金組織（IMF）發布了題為《理解全球失衡》的專題政策報告，圍繞全球失衡加劇及其深層成因展開了重點討論。 That timing matters. The IMF analysis shows that the world economy has become more imbalanced, and that the reason cannot be attributed to one country exporting too much. Recent data released by China's General Administration of Customs reinforce this point. 這個時間節點值得關注。IMF的分析表明，世界經濟確實更趨失衡，但其根源並不能簡單歸咎於某個國家的過度出口。中國海關總署近日發布的最新數據也印證了這一...