(Jingjing and Xiao Gao share thoughts on today's economy)

Xiao Gao: What do you think, Jingjing, are we in a bubble?

Jingjing: We need to wait out the year, 2015 will tell us, it's going to be boom or bust, that's for sure.

Xiao Gao: Bust? In Beijing? You're crazy, we may be over-heated, but I don't think that the bottom will drop out.

Jingjing: I don't know, the jury is out on that one, only time will tell. What about you? You own an apartment, don't you?

Xiao Gao: Yea we bought-in when things were affordable, but if we were buying today, I'd be shut-out.

Jingjing: I know what you mean, I missed the boat, but to be honest, I could never buy property unless the house was a good size piece of land, that's what real estate means to me.

Xiao Gao: We're a ways off from that situation here in China, but it's coming slowly. How about the financial markets, are you a player?

Jingjing: Huh! On my salary? I've got no disposable income and even if I did, I think I'm too conservative to take that kind of gamble.

Xiao Gao: Public trading is pretty well-regulated these days and it's attracting a lot more investors.

Jingjing: Still, it's too high a risk for me