19 August 2011 Last updated at 11:21 GMT
It’s already started to tumble in key indexes… yep the next mode has started to hit heavily leveraged China as loose funding bites the dust.
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Can China survive a new US economic downturn?

Far more is flowing out of China in terms of exports than comes in
China, the world’s biggest exporter and second biggest economy, is still booming, with its GDP expanding at about 9% a year. Since the 2008 financial crisis it has helped keep the global economy growing. But, as our China Correspondent Damian Grammaticas reports, China may not be immune if there is a new slowdown in the US and Europe.
Continue reading “Can China survive – Looks like a hard landing”