Feb 092011
From afar the Chinese economic miracle is impressive. Large statist efforts produce large impressive outcomes. Massive new cities appear where none were before. Rapid GDP growth rates are regularly announced. China is about to become the world’s great superpower — economically, intellectually and militarily.
But wait! There’s more! China has some of the same problems that caused the unrest in Tunisia and Egypt. Will they be able to overcome these?
See Why Egypt Should Worry China for a discussion of the risks in China.