It is difficult to judge how serious China’s property bubble is and when it might burst. But one thing is certain: China has invested too much in real-estate development.
但房地产投资则是另一回事。很难判断中国地产泡沫的严重程度以及破灭时间。但有一点是肯定的：中国在房地产开发上已经投资得太多了。