Some say China has overtaken US in global commerce. Not just in such regions like Africa and Latin America in search of a better treatment from its partners. But also in places like S. Korea.
Other say that the star of the rising markets like the BRIC is dwindling and China is about to crash any moment.
In fact, it seems that the Chinese hierarchy has noticed that the first stage accumulation model have to change. Now is time for move from quantity to quality and from producing for the external markets to do it for the (huge) internal one. Growing at a slower but more solid path. Perhaps some resent the end of the easy money times.