Someone posted an article within the last day or two about how high oil prices were really clobbering China, to the point where they were having to idle factories for a couple of days a week because of the energy costs to run them. Maybe the Chinese economy has hit the wall in terms of its growth rate - it couldn't sustain the pace it was on forever.
I had posed that question a couple of months ago. I knew that the high oil prices were going to hurt us, but I wondered what would happen in China. It is difficult for any country to absorb the impact high oil prices is having.