The implication of change of growth in China

China is experiencing a cool down in property and investment-led growth. The government is trying hard to boost consumer consumptions. The drop in housing price will help consumption too. The implications for this change is huge. The demand for base metals will slow, but oil demand will go up. Computers, smart phones and electronics sales will see big jump and so does farming equipments. Luxury cars will see strong growth as well. Firms like Apple, BMW and Starbucks will benefit.