I must be the only person in the world who doesn't believe the China market will NOT be held up at any cost for the Olympics. I must be the only person in the world who thinks it is big trader (dahu) or govt propaganda put out to keep the sanhu (small fry) invested so they don't sell out in competition with the big players.
My own take on it is that the Chinese markets and economy will remain relatively strong until the Olympics. After that the Chinese will not lose so much "face" to the world when things start to come unhinged, and with the Chinese Economy being very tightly linked to American consumption, if our situation gets worse they will likewise suffer.