China is not slowing down period. The pundits and analysts here have it all wrong. I doubt they have even been to China. I've been there 4 times in the past 3 years and I can tell you they will not be coming in for a hard landing like many think. They have approx. 400M in the middle class right now but they still have 700M that are living in proverty and bare subsistence living. The Chinese government wants to change that in the next 10 years so that the majority of people in China are middle class. That means more decent housing, power plants, cars, refrigerators etc. etc. Think 300M more chinese becoming middle class in 10 years. The demand for commodities will be huge.

The gov wants to improve those lives because they really have no choice if they want to remain in power. There has been a huge class of people that has been left out of the "great leap forward" when China adopted Western style capitalism and they are mad as hell. You seldom here about the clashes, riots etc. that are taking place in China due to their controlled press but there is alot of discontent there because of the wealth disparity. The communist government wants to change all that by spreading the wealth to these people. Jim Rogers said that China is where the USA was in 1910 and he is right. This century will belong to China as it will be the engine of economic growth for the rest of the world.