Interesting stuff. We're not entirely agree though. The authorities are very well aware of what a slowdown could bring (many of these rapidly growing Asian economies are like 'bicycles', if they slow down they'll fall over), and they have already switched gears, as we argue in a comment too long to post here, but you can read it here: shareholdersunite.com/...
Shanghai's Own Stock Market Rules [View article]
shareholdersunite.com/...