This isn't a market moving comment but it advances the debate around what sort of stimulus is coming from China this week.
I think the overall negative sentiment around China -- particularly in the long term -- is way overdone. Yes, the stock market is weak but a good portion of that is because Chinese companies are competing so hard on low margins. Ultimately, that's a path to progress, not the opposite.
In the real economy, real estate is a major drag but it won't be forever and even if trade with the US is materially curbed, it's a big world out there and there's nowhere that can compete with Chinese manufacturing.