The Chinese central government is cash-strapped these days and so does not want to commit to making big expenditures.

FORBES: China Demands U.S. Taxpayers Clean Up Its Air

The big bet on China, both from government policy makers and investors, is the Chinese consumer.

FORBES: Stronger Yuan Makes Life Harder For Chinese Exporters

One of the big unknowns in China is how Chinese born after economic reforms began in 1978 will respond to government authority as they move into the workforce.

FORBES: China's Youth: Labor Activists?