I agree with the conclusion, but I am not comfortable with the theory that China is falling because the export number is sinking. China had a worse time in last

I agree with the conclusion, but I am not comfortable with the theory that China is falling because the export number is sinking. China had a worse time in last year particularly in export sector but it turns out to be OK. However, I do worry that the population surplus is going to dry out soon. Large part of "the China miracle" was based on the cheap labor. Once that is ran out, China has to establish a sustainable economy growing model like any other developed countries (IP driven).