A Washington Post story published Saturday, December 3 is titled ‘Sign of a slowdown: Chinese leader warns about unrest caused by the economy’ – reading time 2 minutes.  I strongly suggest you take the time to read this article and think about what it both says and implies.  In summary, the article reports that what it calls “the Chinese leadership’s law-and-order czar” is warning that China is not well prepared for social unrest that might result from negative changes to Chinese economic growth – and that (preparation) is “the great and urgent task before us (I presume he meant the Chinese Government)”.

Should social unrest in China increase, that in itself would be important to China and its well-being.  However, if Chinese social unrest increases because of a deteriorating economy, I see that as a very big, big deal that will extend well beyond China’s borders – in circumstances where I think many of the developed economies (the Eurozone countries, the United Kingdom and the United States to cite the large ones) are ‘on the ropes’ as it is (to cite a boxing term)

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