Zenway.com Research reaffirms our forecast that China's economic softening will continue and could turn into a hard landing. In late 2010 we pointed out the bubble in China real estate and private equity: http://ping.fm/UnKjR Now with local cities holding empty "new cities" and big loans, with business owners escaping huge PE loans, we see the problems getting worse. Buyers of Chinese stocks may want to wait and watch.