Whenever there are two distinct views of thought, look out
In other words I smell a rat, China has put everything on the line doing a massive amount of development which is not required, will that be enough to keep the ball rolling or will it stop with a thud, so all the talk about soft landings may be just that because many people are giving interviews but which one is the truth.
The big problem with China is that there is only so much that the West can find out for a fact, the rest is hidden behind the Bamboo Wall of China
Here is China's Bridge to Nowhere. It also happens to be the world's longest Mining.com
On Tuesday the globe's most active steel futures contract – Shanghai rebar – dropped to its lowest level this year dragging down iron ore with it, the strongest indication yet that China's construction boom may be coming to an end.
A proxy for economic growth, China almost produces more steel per year than the rest of the world combined and output is still running at a breakneck pace of 2 million tonnes per day.
But China may be have been building on sand. Evidence of shoddy work – even in the richest coastal regions homes have to be rebuilt on average every six or seven years – and overbuilding is abundant in China's ghost towns, ghost amusement parks and ghost malls, but even flagship engineering projects now appear to have been built with little regard for real world economics
