They already have really high inflation! We need stimulus because we have effectively no inflation...

Their inflation is a low 1.8% (July 2012). Low by western standards, it also is extremely low for a high-growth developing economy.

China has a lot of room for manoeuvre.

China will have to monetize a good chunk of their Treasury bond holdings. The only way that will happen is QE3 here in the United States.

$1.10 per citizen tax?

Stimulus ? Isn't that what Obama wants to do. Oh, that's right he can't it thru the House. The Republican Mickey Mouse Club.

and bridges falling down...because of corruption...good after bad?

Same short-sighted authoritarian capitalists as elsewhere. Addicts blinded by greed, importing food and energy instead learning self-sufficiency, competing with other imperialist centers for finite natural resources. For a while they have just been better at the imperialist game than other competitors, but that does not make them into long-term thinkers, on the contrary.

China has an appropriate stand regarding international trade. It is keeping the "commanding heights of the economy" in state hands and still pursues self-reliance in those core strategic sectors. To acquire the human and physical capital for further development, China needs robust international trade.

There is a long-term plan to make China a moderately developed country enjoying living standards comparable to, say, Italy by 2050. I think they will be successful is political stability is ensured and war is prevented.

is what you oppose and support authoritarian oppression, rape and pillage? Are you sure you are on right forum?

Capitalist dislocation of millions of people into sweat shops to produce more garbage to OECD and other consumers from finite natural resources such as oil that peaked globally few years ago is not exactly the definition of sanity. But of insane blind greed of the power elites.

This is not an anti-capitalist forum, although there are anti-capitalists that post on it. I do not think that such international trade is equivalent to "oppression, rape and pillage." One cannot eat principles, and the fact is that many, many millions have been moved out of poverty over the past decades of development.

Autarky is self-sufficient, self-rule is spelled autarchy (http://en.wikipedia.org/wiki/Autarky).

You are also correct that one cannot eat principles - another word for capital ('head'). Capitalistic living in the head instead of as whole body is idealism based on ideas of money and interest and private property, which makes it blind to basic material and physical facts. Dislocation from autarky to dependence from colonialism and imperialism for basic nourishment, "development" of arable land into asphalt and concrete; pollution and erosion and colonialistic acquiring arable land from elsewhere, especially from Africa, is idealistic and sociopathic insanity.

Global depression spreading to China, as the dwindling markets in OECD have less and less supply demand to keep the Chinese export sector and industry growing. Global capitalism: put all the eggs in same basket, climb as high as you can, then drop the basket.

The Chinese will be selling US Treasuries and the Federal Reserve will have to go into the market to "mop them up".

However, the Chinese are still economically better off than the U.S.

In order to absorb their manufacturing output and keep their people employed, they will eventually have to increase Chinese workers' wages so that their own people can buy their output.

The Chinese have built a tremendous manufacturing infrastructure. They can be economically self-sufficient.

The U.S. capitalists, on the other hand, have destroyed most of our producing infrastructure and eliminated jobs, so that we have no products to trade. We just borrow and spend.

To maintain profits, the U.S. capitalists are selling off the American productive assets and natural resources. Then they hide the money in offshore tax havens.

It is equivalent to the farmer selling off his seeds for next years crop, and winding up with nothing to plant for future crops.

The U.S. model is economically unsustainable. Unregulated capitalism is driving the U.S. economy into a depression.

The capitalists will just expand their markets in China and South America as those countries build up a new middle class. Capitalists do NOT need the U.S. to make profit.

but increasingly dependent from import of natural resources - food and other forms of energy. In China the farmer has not selled the seeds for next years crop, but moved to work in swet shop of asphalt and concrete over former cultivated land. Or moved to Africa to cultivate land there to feed people in China and to starve Africa.