China is said to be headed for collapse for several reasons, any and all of which might combine to overwhelm its increasingly expensive repressive apparatus. Within this supposed house of horrors is corruption, exorbitant housing prices, costly education, an antsy middle class and college graduates with dreams deferred—not to mention frustration stemming from China’s shortage of females, dubbed China’s “bachelor bomb.”
But those reasons take a narrow view of political change, assuming dissatisfaction will morph into regime change. For a more nuanced perspective, economic analysis has to give way to political analysis.
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