By definition, Saturation Point is a point at which capacity has reach its peak. The Chinese economy is similar. Its economic growth has been bullish for the past decade but it ultimately reached its maximum limit. IMHO, Chinese economy will still grow but not as much as it was previously experienced.
Other countries having business dealings with China refuses to accept this truth and still forecast better growth. This forecast will have a negative effect and will lead to tough economic times again.
The Chinese slowdown is dropping commodity prices making it more difficult to compete. First world economies will have a hard time beating the prices from third world countries where production cost of the latter is only a fraction of that the former. Job losses will be inevitable. Hopefully, not into another recession.