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Manufacturing purchases have slowed in June, indicating that China seems to be successfully prevented its economy from overheating.

I am beginning to believe that China's 9% steady growth for as long as they want is almost a sure bet.  It seems everytime people warn that China's economy is growing too fast or threatening to stall, its government instantly changes policies and 1.3 billion people march on cue.

That is because China is basically still an authoritative, self-serving regime.  What the government wants, the government gets.  If they want the economy to grow, they tweak policy and everyone complies.  This is the advantage of a Communist society: Complete obedience. 

Any dissent is frowned upon because the government loses this control.  

The benefits of this is that the government can regulate China's growth without dissent, compromise or obstacles.  They can make any decision virtually unimpeded.

The disadvantages is individuality, innovation.

I would not want to live in China, because I treasure personal freedom.

However, there is less ambiguity betting on the China market than people think.

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