The way I heard it, China has simply slowed from very fast growth, to a more normal rate of continued growth, which could mean continuing growth,more in line with most other countries, and no real recession?
I expect a breakthrough very soon now ,in 2016, with the final portion of the Fulton financing, given that China still won't be in a position to begin their own plant construction for at least 12-15 months after this financing is completed.