China crisis?
The ramifications of China's economic growth are being felt in all aspects of society, not least public services. Rising ambitions and expectations amongst the public are presenting enormous challenges to the Chinese government as it moves from a command-and-control to a mixed market economy. With inflation and unemployment remaining stable and economic growth remaining (moderately) strong (currently 7.5% pa), China may be able to meet growing demands for the time being. However, rising (income and geographical) inequality may yet threaten this.