In the New Year, financial experts will keep a close watch on both the eurozone and China, and their impact on the global economy.

Today in China, leaders will meet for the year's most important economic summit. On the table is the crisis in Europe, the financial problems in the U.S., and what's in store for the domestic economy.

China's economy is slowing down, and it isn't just the debt problems in Europe causing the shift.

While reporting my story on Chinese college placement agencies, I interviewed a young man named Jason who is attending a university in New York. …