Boom times, of course, encourage bank lending, which disproportionately goes into the real estate sector in China, and real estate development is one of the prime engines of the economy.

• 繁容时期，想当然，鼓励银行放贷，使其不成比例的流入中国的房地产领域；而房地产的发展正是经济的一个源动力引擎。