But not all emerging economies are awash with liquidity .
但并不是所有的新兴经济体都面临流动性泛滥的问题。
Awash in nostalgiasuch charms help canals to survive .
充斥的怀旧魅力促使运河得以幸存至今。
Hong kong 's banks , awash in liquidity , seem happy to respond to demand .
流动性充沛的香港各银行似乎都很乐于对需求做出回应。
The system is awash with perverse incentives .
这一体系已被泛滥的错误动机淹没。
But not all emerging economies are awash with liquidity . In ten of the 27 countries , including russia , south africa , egypt and chile , credit is growing more slowly than gdp .
