Already running high as measured by a theory

baab

Senior Member
Vietnamese
#1
Already running high as measured by a theory used by economists to assess capital-to-output ratios, investment accelerated between 2007 and 2011 to counter the effects of the global financial crisis, IMF staff wrote in a research paper on China's soaring investment levels.

Source: Reuters, "China investment levels excessive, risks are rising: IMF research"

Can I rewrite the bold phrase as follows without changing its meaning?
Investment had already run high as measured by a theory used by economists to assess capital-to-output ratios; investment accelerated between 2007 and 2011 to counter the effects of the global financial crisis, IMF staff wrote in a research paper on China's soaring investment levels.
 
  • owlman5

    Senior Member
    English-US
    #2
    If you need to rephrase that sentence for some reason, baab, I suggest that you use "was already running" rather than "had already run": Investment was already running high as ...
     
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