“Where will China be in 6 months…or 6 years? It is impossible to know. Goldman Sachs reduced its estimates of China’s growth. But it has no better idea than Paul Krugman or anyone else. The Chinese could surprise us in either direction; the economy could be much worse than expected…or much better.  But one thing does appear to be happening. After 20 years of spectacular growth, China is looking for a new way forward.”

http://www.equitymaster.com/dailyreckoning/detail.asp?date=07/25/2013&story=11&title=Where-will-China-be-in-6-monthsor-6-years

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