China is eating our lunch. Or not.

I stumbled across this article this evening and thought it provided an interesting insight into how China is “advancing” at a pace most Americans find startling.  This, while China’s stock market languishes (check out the Hong Kong exchange and watch what is happening to their banks) and pundits ask “why?”  In light of the fact they are allegedly the world’s newest uber-power, maybe it is time to look at the underpinnings a little more closely.

And this article doesn’t even address the larger issue of China’s real estate bubble.  I wouldn’t be too excited about going long on China… at least in the near-term.