OK, the articles below are a little obsolete. However, it does not undermine the fact that China is also in big trouble.
Note the similarity of China's problems to US's. Add to that the fact that credit bubble in China also includes production bubble, not only consumption bubble (as in US) http://www.usatoday.com/money/world/2008-10-21-red-dragon-china- factories-economy_N.htm?loc=interstitialskip http://news.bbc.co.uk/2/hi/asia-pacific/7713594.stm
