You'll rarely hear the word “bubble” from a Chinese policymaker. Then again, you don't need to. Last week an auction of land in Beijing, zoned for residential development, was cancelled after bidding crashed through an undisclosed ceiling.
你很難從中國政策制定者嘴里聽到“泡沫”這個詞。可是話又說回來，你也無需聽到它。上周，由于競價突破未披露的上限，北京取消了一宗用于住宅開發的土地拍賣。
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