Echo To All

Why I'm Worried About China

"...stimulus package from the Chinese government. It's scary. It tells me that building activity in China stopped cold ..."

probably not. the export activity came grinding to a hault, and the domestic consumer driven aspect of the chinese economy is not large enough yet to smooth out chinese economic activity. So they created this massive stimulus, which they can easily afford. A most likely scenario of their stimulus package will be that their domestic consumer economy will be in overdrive, which is in direct conflict with the thesis of ur article.