China has a major bubble problem 8 years ago Investors check share prices in a stock firm in Fuyang, east China's Anhui province on June 29, 2015. Chinese shares plunged in morning trading on June 29, extending losses from the past two weeks despite a surprise interest rate cut at the weekend. AFP PHOTO CHINA OUT (Photo credit should read STR/AFP/Getty Images) Buy property! No, wait — buy stocks! OK, back to property!