It is plausible, but growth has been slowing across many sectors in China:
<a href="http://blogs.marketwatch.com/thetell/2013/10/16/economists-see-china-economy-slowing-this-quarter/" rel="nofollow">http://blogs.marketwatch.com/thetell/2013/10/16/economists-s...</a><p>Until I see a sales chart from IBM that drops significantly in June I think this sort of talk is pure speculation.