China slowdown

Chinese economy shows signs of fizzling - International Herald Tribune

According to the article:

Economists expect the economy to expand at an annualized rate of as little as 5.8 percent in the fourth quarter this year, down from nearly 11.2 percent in 2007.

Analysts worry that a sharp downturn could undermine the already weakening investment climate and impair some of China's biggest banks, which have bankrolled much of the boom. The Chinese government is said to worry that if economic growth slows to 8 percent or less, not enough jobs will be created in a country that is rapidly urbanizing, and that could lead to social unrest.