Or more accurately, AFTER the Olympics.
I wonder if we could see very bad times for the Chinese if the US hits a recession (Dumbocrats win the election). If the US has troubles, then Europe will be too weak and inefficient to carry on, and China's manufacturing base is now empty factories.
Bad times maybe ahead. No country has ever grown in a persistently upward line. There will undoubtedly be dips along the way. Corrections will occur and China is no exception. In the long term though, growth will continue, with or without the Olympics.