imo, china is neither interested to offset slower usa growth nor in tune with countering usa contraction
china is fascinated by "stability", "reform" and "growth", in that order of priority
china will help the world by doing what is best for itself, or so its officialdom says
chinese culture dictates diligence, enterprise, education, savings, as opposed to wastrelism, fraud, spin, and spendthrift, and so, by definition, china would neither be interested nor able to directly offset slower usa growth, or, for what matters more, negative usa growth, otherwise known as usa contraction
for punishment of wrongs, chinese culture demands blood, as opposed to "gee, i am not responsible because my daddy beat me, bail me out"
the journey towards zero is inexorable and outcome is inevitable, but all travellers are not worried about the same
and i did manage to skip using the word "biblical" in my post :0)
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