China : Preventing and Asset Bubble burst out

. A delicate balance.
. China has been increasing units rates to keep asset prices namely
. Property prices in check.
. But undoing so, it also punishes exporters and businesses
. While also taming consumer spending.
. But taming the asset bubble is more crucial
. As it is it's like a mould, it grows and destroy
. Just like any Millitary strategist is aware of Vietnam War
. Any economist is acutely aware of Japan's depression and asset bubble burst of the 90s
. Which takes decades to clean up.
. But I would think China's situation is not half as bad as Japan's yet.
. But asset bubble is a net destroyer of wealth.
. It probably has gone in for far too long as long as the music keeps playing.
. Sacrificing short term pleasure for long term peace.
. Cheap Yuan will still keep the exporters afloat amidst razor thin margin.
. Volume is everything.
.

http://economictimes.indiatimes.com/news/international-business/china-lending-shrinks-as-wen-jiabao-wrestles-with-inflation/articleshow/10366609.cms