China: Post-Olympic Economy?

I imagine that China's economy will still rise after the Olympics, but it won't be the massive burst we've seen over the last few years. From a biological/non-linear dynamics viewpoint, the first burst was when China entered a new economic "region" and had several new opportunities to exploit. (Much like an organism entering a new ecological niche and had lots of food/nutrients to grow explosively with.) This fuelled a rapid growth, but there were probably lots of hidden inefficiencies. E.g. they wanted to use the Olympics as a tourism-attractor, but the behaviour of their police towards the media kinda fought against that.
Now China is beginning to enter the consolidation phase. In this phase, the economic "organisms" have to remove inefficiencies and consolidate cooperative (symbiotic) links with others in the economy. As Frank Herbert pointed out in his Dune book, the biggest problem for any organism is not availability of resources, but competition with members of your own species.
At the tail end of the consolidation phase, we'll see a lot of Chinese companies and economic bodies consumed by their more successful brethren, or just plain straight go bankrupt.

Just like any other hosting countries before China, the post-olympic economy usually go bad before it gets better. Over spending in the games is usually the case. Not sure if the long term benefit is really worth it.

Even the Koreans are not that positive about the post-olympics economy...
http://www.koreatimes.co.kr/www/news/...

I think they have a point.

"The three engines powering China's economy -- investment, exports and consumption - have all slowed this year." Like what Canada suggested, the economy depends on what you can produce and sell. Olympics can promote your country, but there is no real short term return.

There is always a cool down period after any major international event. Beijing China is no exception.

China and US are both slowing down economically. Don't forget, China has multi-billions worth of cash invested into many financial service companies in the States, and those companies are all barely alive right now. I say the economy will certainly slow down, but hopefully, will not enter a recession like the US almost certainly is heading.