Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and now appears back on the rise (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).
China’s leading economic indicator suggests that economic activity expanded in February showing a month-to-month increase of 0.04% bringing the latest level 0.49% below the level seen in February 2010.