In his recent State of the Union address, President George W. Bush declared, America is addicted to oil.

When I was a kid, I loved to draw, and the most talented artist I knew was my mother, but my mother was addicted to heroin.

Resource industries indeed, resource based economies like Australia, Canada, Brazil, and Russia have become addicted to China s old strain of unsustainable hyper growth.

But the viability of Deng s model is nearing its end, and China is now addicted to inefficient state led fixed investment and unsustainable export led growth, rather than domestic consumption, to generate jobs and growth.