That's why it's especially scary--because of how opaque China's banking sector is, and how little we trust the numbers in their official reports, no one really

That's why it's especially scary--because of how opaque China's banking sector is, and how little we trust the numbers in their official reports, no one really knows. Some reports from earlier this year are claiming the bubble is already in the process of deflating. Perhaps we're not feeling the full knock-on effect yet. http://blogs.wsj.com/chinarealtime/2014/05/05/chinas-property-bubble-has-officially-popped-report-says/ http://blogs.wsj.com/chinarealtime/2014/05/05/chinas-propert...