Well before Li and President Xi Jinping officially took the reins in March, exports were falling, manufacturing was contracting and economists were downgrading forecasts. Big reforms are always easier when growth is booming. If Li could wave a magic wand and get gross domestic product back into double-digit territory without pumping more air into China’s credit bubble, he would in a Shanghai minute, writes William Pesak.
Let’s Not Talk Of “Likonomics”
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looking beyond borders 
Chinese economy has to deal with wasteful production! This is the biggest source of worry in their economy. Also the Chinese Markets cannot innovate or create on their own. A copy cat economy can only grow upto a certain level.