Numbers, numbers...
Blackberry: if you remove India and China, the numbers go down dramatically (Asia pacific accounting ALONE (!) for almost half of the new orders in the forecast...).
If you look at Europe and the US only, it goes down further. However in northern and eastern Europe (even down to south like Turkia, where european licence are accepted) there is some room for growth in aviation apparently if we look at what's happening today.
In the US aviation growth is extremely low and the forecasts are not great at all, up north in Canada it is much better however.
Concerning training, well you are right, there is definitely some market, and training chinese cadets (what I was doing many years ago, what later gave me my break in the asian airline market) is giving its share of aviation jobs in some academies and flight schools.
However 2 things:
1-China already has an aviation school, with close to 5000 new students every year, one of the biggest aviation school in the world.
2-those forecasts concern the 20 next years guessing China growth will keep the todays' pace, which is over optimistic if you ask me. Right now it looks great here in Asia, I admit that, but 20 years from now? Many things could happen, and believing that (economical) growth will remain a 8 or 10% a year during all that time seems like believing in the wonderful world of Alice. Hope I am wrong.