The rest of the world is so tied to China, and perhaps in awe and fear of that vast country, that the view tends to be if China goes under it will take the west with it. But China still has a terrible record on human rights, women's rights and animal welfare, which in parts of China is non-existent.
A perfect trading partner then or a country to be bypassed?
As the Tory's official political opposition the Labour party consider renationalising British rail Osborne is jumping the gun to attract investors in China;
Speaking in China, he [Osborne] urged firms to bid for seven contracts worth £11.8bn in total - covering the first phase of HS2, from London and Birmingham.
The nuclear energy investment deal leaves consumers of Britain out of pocket-the price of energy has been fixed sky-high and there is not get-out clause.
Will the rail investment deal have a similar issue?
Opinion: 'Pound shop wars' on BBC1 Wednesday night offered a glimpse into Chinese industry. Making the cheap goods to stock these stores were grim faced people who earned a pittance. That is China.
Chancellor Osborne wants a greater bond with China and yesterday announced "Thousands more pupils at British state schools could soon be learning Mandarin thanks to a £10 million boost in Government funding for teaching the language."
Osborne's priorities never cease to amaze.
One thing is certain-the Chinese are coming.
From our archives in 2013; Chancellor Osborne praises China, more western hypocrisy