And a recognition that the Chinese economic system routinely produces bubbles and is unlikely to change any time soon.

变化还在于，人们意识到中国的经济制度经常导致泡沫产生，并且不太可能很快改变。

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But there are plenty of analysts who see Japanese-style bubbles inflating in the Chinese economy.

但也有许多分析人士认为，中国经济中正在滋生日本式的泡沫。

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This paper would give some Chinese example when studying the common law of irrational speculative bubbles.

在研究股票市场非理性投机泡沫普遍规律的同时，文中适当举了一些中国的例子。

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State bank financing could explain why the Chinese bubbles have yet to burst.

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To be sure, there have been real-estate bubbles in many Chinese cities, and these have been popping.

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The enormous amounts of liquidity that led to the housing and commodities bubbles of recent years cannot be blamed on thrifty Chinese but on the excess money creation of Greenspan and Bernanke.

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