China's GDP Per Capacity Matters More Than Anything Else

Growth comes out of the productivity of your people more than anything else. And china started very poor. You can grow a lot, and your your g d p per capita, grows until you hit the inefficiencies of your system. The ceiling is exactly where intrenched interests find future growth threatening. Local governments have made all their money by selling off land for real estate. Imagine the social discord of a peopled whose retirement savings aren't worth any more.