So is talk of an asset bubble forming in China unfounded?

也就是说，有关中国正形成资产泡沫的讨论是站不住脚的？

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In Japan productivity growth slumped after the country's asset bubble burst at the start of the 1990s.

20世纪90年代初日本资产泡沫破裂之后，该国生产率增长剧降。

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The controls failed to dampen the rupee's volatility, and failed to protect India from an asset bubble.

管制措施并未能遏制印度卢比的波动性，也未能保护印度免于经历资产泡沫。

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Ominously, Mr Morris sees a closer parallel in the great Japanese asset bubble of the 1980s.

ECONOMIST: The credit crunch

The asset bubble that deflated in the financial crisis resulted, and today unemployment is 10%.

FORBES: Hoenig Says Fed Anti-Capitalistic, Taking Shortcuts To Greatness

More likely, the Fed is creating another asset bubble, this time in the bond markets.

FORBES: The Fed Has Forgotten Sound Money, And Now Just Manipulates Interest Rates