The short answer is no. Same as here in the UK. All the indicators are pointing to the double dip recession (some experts believe that this second dip will be more like falling off a cliff). The bail out money that was given to the banks (after being borrowed from the banks) has not been made available as credit to companies to keep them ticking over. The banks took the tax payers money and are now thumbing their noses at them.
Interesting comment from a Chinese official (didn't catch the name): 'The Americans have a sick economy and now they expect us (the Chinese) to take the medicine.'
No flies on them Chinese.