China -- for real or not

A closer look at China's banking system here  suggests big trouble ahead.  If something is too good to be true, it probably isn't going to last.  So it is with China's "progress" over the 30 years. They are an industrious and bright people, however, they have built there industrial might with the help of a banking system that isn shakier than our own.  In addition at some point in time they will have to deal  with the absence of political freedom.