China's economy is already slowing down, and I expect it to hit a ceiling sooner rather than later. Its advantages over the Western countries are cheap labor, undervalued currency and the freedom from intellectual property-related litigation risks. Its disadvantages are the lack of freedom of sharing ideas, its disconnect from the rest of the world, corruption and a weak justice system. While the advantages are quickly exhausting their effect, the disadvantages are there to stay, so the point of equilibrium must be below the Western countries.