When the Chinese Dragon gacks.....

[Taro Toporific]

Between a rock and a hard placeThe Japan Times / Nov 24 ... there are concerns that China is overheating: Growth is bound to stall as the business cycle asserts itself. Asia must be ready for that eventuality. Over-reliance on the China market will leave other economies dangerously exposed when the correction comes. ...Estimates of bad loans run from 25 percent to almost 50 percent of outstanding credit in China. ... This is especially important for Japan, which runs a trade surplus with China. This country, like its Asian neighbors, must be prepared for a slowdown in the export sector.