while the whole world focus on china's export,you guys forgot china also import "90% of india's GDP" every year,with 1.3 people.china will grab every chance in every area,industry,service ,technology.but it take time to narrow the gap and takes more share of the globe cake.you are right,chinese have high saving, it also happened in every east asian countries,even japan and S.K. that's why chinese govt will spend trillions Yuan in health care and old-age insurance for the people living in the countryside,with the right policy,this high growth will last at least 20 years. just let you know ,Shanghai Composite Index is not 6000points anymore ......the stock is back to normal value since last yearNo, Indian model is not a tried model. Indian model is based on service and pretty much self-sustaining due to initial 50 years of socialist approach to developing economy.
Chinese model is the approach used by all economies around the world. But until now, there were no countries that was as huge as China that grew on export/model. So, it has become difficult to sustain because Chinese undervaluation of currency along with underconsumption and huge savings is impacting the world.
if you want to profit from this trend, you should concentrate on buying chinese based finance companies. I dont want to tip you way off as I could lose my job, but you will see the companies I am talking if you dig into it a bit. This part of industry very immature.
Also, buying Chinese shares via ADR or Hongkong shares is far more profitable as Chinese mainland based class shares are way overvalued.
The current savings rate is about 40% in China, which is rather ridiculous. At some point in time, people will try to find ways to increase ROI. The under penetrated stock market buying will accelerate.