China Faltering?

Is the Chinese Economy Running Out of Steam? : The New Yorker

it is interesting to hear of this but some experts have been speaking of some of China's problems of the future that may be very difficult to deal with.  The lack of  a prosperous middle class prevents China from developing a stable domestic demand.  Once a middle class becomes affluent they begin to demand more in the way of government services.  In addition, the one child policy is going to lead to a rapidly aging society that won't be easily turned around.  The long term picture for the next 50 to 100 years does not look that good for China.