It seems to me that these insights are no more than populist short term thinking
China is going through a new cycle of restructure to move toward a consumer driven economy
This will mean some short term pain for long term gain and considering that consumer contribution to GDP is just 38% compared to the US 79% then China with 1.4 billion people only needs to move to 46% of GDP being consumer driven to outstrip the US and China has both time and competitive advantage on its side as the rest of the world struggles to achieve any real growth
Having worked in this region since 1995 I think it is important to remember where China has come from to recognize the power they will hold in the future and where they are going