andy's - helga's kaputt wednesday, page-149

And another thing. This idea that China is slowing down is absolute rubbish. You try telling 2 billion people that they suddenly cant attain material wealth and a decent lifestyle for the first time in their lives. The door is wide open and cannot be shut. For the first time ever, the saying "If I could sell a toothbrush to every chinaman" has never been truer, simply because you now can AND more importantly, they are starting to be able to buy one...
China is a 100 year thing at least, and if we see slower growth figures going forward, just remember that every six years their accumulated growth is around 100%, so they are growing off that base and not the base 6 years prior. In other words 9% growth on $1 million is still bigger than 11% on $750k....