At the moment the most worrying distortion is that the low return on bank deposits is fuelling asset-price bubbles as households seek higher returns by buying shares and property.

• 此时此刻最令人忧心的是，如此低的银行存款回报率使得老百姓为了获得更高的收益转而购买股票和购置房产，并从而助长了资本市场的泡沫。