Not too long ago I pointed out an increase in anti-China propaganda. Seems this definitely is the case.
A 25% drop from a 50% increase the year before (due to what is probably one of, if not the biggest holidays in the world) is still an increase from 2 years prior. Anyhow, this is just funny timing things.
http://www.tradingeconomics.com/china/exports
If you set the chart to 10 years, you'll notice it's more or less in line with the average. If there is a slowdown (hard to tell), it's fairly mild, and would be more or less consistent with worldwide demand. It's just very dramatic for one month because of the holiday.
In a year, I have no doubt that, contrary to what some observers are claiming, China will be alive and well.