In a word yes.
China is changing. Many are getting richer and are expecting a better life. Exports have struggled more lately and soon China may become too expensive, just like Japan became many years ago. Many of the investors in China are the Chinese people themselves. The Chinese government is trying to manipulate the market but the stock markets in China are in turmoil. If China catches a cold we will all know about it. Yes, we should be worried, but I am not sure what we can do. It may not be too long before the words "Made in China" are a thing of the past. We have grown used to low cost products made in China, but for how much longer?
The Chinese have devalued their currency twice in 2 days to help exports, but are they fighting a losing battle?
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