CT there's an enormous difference between China and USA. The USA as a whole and most of it's citizens are in debt and have been since world war 2 Chinese know how to save and live frugally. So if US debt is $100 per person and Chinese debt $1 per person and then it increases by 36 percent it is still only $1.36 per person. Besides, China pays cash for all it's purchases, so how could there be a credit/asset bubble even if the buildings remained empty?
Besides, the hand of rice a chinese needs to live on daily isn't even 10 percent of the USA pancake they have for breakfast only.