If you are interested in the Chinese economy and its current developments, and you can read Spanish, this post will be of interest for you. (You can also translate it into English here, though the translation is not too reliable). In it I have put together several articles I have written dealing with these matters. Even if you don't read Spanish, there are several interesting graphs, and almost all the information I got is from English sources, which I have credited linking them.
My opinion is that the current huge growth of the Chinese economy is not very real: 1) statistics manipulation, 2) big stimulus packages based on public spending, 3) huge credit expansion. Of course, we should also have in mind that China still has important proportions of central planning, specially in its banking and financial sector. This, as you all know, creates important misallocations of resources and capital, and malinvestments. Credit expansion + Central planning = Huge malinvetsments
http://amartinoro.wordpress.com/2010/01/22/la-burbuja-crediticia-y-el-crecimiento-economico-en-china-recopilacion-de-articulos/