Chinese property For whom the bubble blows#

[地道表達]##

• This bifurcation is a worry for the government, which wants to spur growth without inflating bubbles.
  [bifurcation]
  [此處解釋] 分歧

• In its most prosperous cities, already giddy prices continue to shoot up, while unsold flats pile up in markets where valuations were low to begin with.
  [giddy]
  [解釋]Having a reeling, lightheaded sensation; dizzy.頭暈的，眼花繚亂的：有旋轉或暈眩感覺的；眩暈

• The results of this two-tier system have been meagre so far.
  [meagre]
  [解釋]a meagre amount of food, money etc is too small and is much less than you need

• People buying homes need only make a 20% down-payment to obtain a mortgage, except in the five conurbations
  [conurbation]
  [解釋] a group of towns that have spread and joined together to form an area with a high population, often with a large city as its centre

• But there is a further vast increment of supply on the verge of coming to market, because developers slowed the pace of construction in recent years and in some cases halted it altogether.
  [increment]
  [解釋]a regular increase in the amount of money someone is paid

• battle of annihilation
  [annihilation] The act or process of annihilating; 殲滅，消滅，毀滅：消滅的行為或過程

• a phalanx of security officers in white helmets stood guard alongside barricades as people lined up to submit their documentation
  [phalanx] A compact or close-knit body of people:密集的人群：緊密或密集的人群：

[專業知識]

• inflating bubbles###

[解釋] 一個最理論化關于房地產泡沫的定義大概是這樣的:“指由房地產投機等因素所引起的房地產價格脫離市場基礎的持續上漲，也就是土地和房屋價格極高，與其使用價值(市場基礎價值不符)，雖然賬面上價值增長很高，但實際上很難得到實現，形成一種表面上的虛假繁榮。
from:百度百科