I don't understand China

Careful. We don’t do definitions around here.

Actually it was Hong Kong. Not really the same thing.

As for the OP, I would say it really does depend on how you define and measure “growth” (despite how useless and unnecessary some might argue defining your terms is.)

See the links here and here for a good idea of where it’s coming from though.

:EDIT:

Forgot about these:

The China Model Is Unsustainable

China and the Development Myth

Bust Looms As China Booms

What Threat, China?

Can Bubbles Also Be Made in China?

Can China Transform its Mode of Growth?

A Bull in China

China’s Unsustainable Boom?