#China: China’s Black Monday Signals The End Of Its Growth Cycle
China has reached the end of its fast industrialization. It must now make the transition to a world-leading developed economy, allowing services to increase, consumption to grow and industrial production to decline proportionately. Like all transitions, this will be turbulent and may be traumatic.
Read more at: http://www.forbes.com/sites/francescoppola/2015/08/24/chinas-black-monday-signals-the-end-of-its-growth-cycle/3/