ChinaÆs recovery is a bubble

FinanceAsia readers fear that ChinaÆs economic recovery is masking an asset price bubble.

ChinaÆs recovery is a bubble

Higher asset prices and rising inflation have prompted China's central bank to rein in bank lending and keep its economic recovery on track, but respondents to a FinanceAsia poll are unconvinced.

Almost half those who answered the poll said that China's economy is already experiencing a bubble. Central bankers are clearly worried too, after banks hit close to 20% of their annual lending targets in January alone and property prices rose at their fastest level since the first half...

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