Showing posts with label collapse. Show all posts
Showing posts with label collapse. Show all posts

Sunday, March 11, 2012

Chinese Communist Party's aggression is hurting US and others too

China and US with a strong economy and military though show to the international media that they are trying to clear differences, trying to ease their policies against each other, but in actual they are fighting a war behind the screen. A war of hacking each others's computers and stealing sensitive information and spying on top officials' email accounts.

The report says that both US and China are trying to do their best in hacking and spying but for a while US is in defensive mode whereas  
China has an immensely aggressive, or rather avid stance.


"The attacks coming out of China are not only continuing, they are accelerating"


says Alan Paller, director of research at information-security training group SANS Institute in Washington, DC, as quoted by the Reuters.

It is believed that China has hacked terrabytes of information from US computers which comprise of almost any single information, from user names and passwords to the design of sophisticated weapon systems. China's policy has been to copy things and declare it as their own. China lacks new ideas thinkers so they have mastered in the art of copying and stealing.

It is not like that US never tried to hack chinese systems, just that they have not much learn from the chinese because all the information are stolen mainly from US or known to US.

A cable accessed by the Reuters through Wikileaks says that the attacks were coming from the sites which were registered in the city of Chengdu, the capital of Sichuan Province in central China. The Reuters also named the person as Chen Xingpeng whose job was to set up the websites using the "precise" postal code in Chengdu used by the People's Liberation Army Chengdu Province First Technical Reconnaissance Bureau (TRB), an electronic espionage unit of the Chinese military.

Not only military and political data was leaked but China also tried its greedy hands on US companies and market. Many tech companies, oil and gas companies and companies in financial sector reported that their systems were hacked at some or the other point of the time.


Major search engine, Google also said that their email service Gmail was hacked and many accounts were compromised who ever interfered in China's internal policy.

James A. Lewis, a former US diplomat says that the reason why China is these days trying so much to get access to US, Indians and other country's system is to keep its economy growing and at the second position.

"They've identified innovation as crucial to future economic growth -- but they're not sure they can do it," says Lewis. "The easiest way to innovate is to plagiarise" by stealing US intellectual property, he adds as quoted by the Reuters.

Main Source: Chinese and US Electronic Hacking and Spying War

Saturday, February 04, 2012

Excerpts of "The Black Book of Communism"

 


Pertinent quotes from the best-selling book 
[by several European academics and edited by Stéphane Courtois]

“To be sure, the [communistic] model was applied differently in different cultural settings. As Margolin points out, the chief agent of repression in Russia was a specially created political police, the Cheka-GPU-NKVD-KGB, while in China it was the People's Liberation Army, and in Cambodia it was gun-toting adolescents from the countryside: thus popular ideological mobilization went deeper in Asia than in Russia.

Still, everywhere the aim was to repress "enemies of the people" — "like noxious insects," as Lenin said early on, thus inaugurating Communism's "animalization" of its adversaries. Moreover, the line of inheritance from Stalin, to Mao, to Ho, to  Kim II Sung, to Pol Pot was quite clear, with each new leader receiving both material aid and ideological inspiration from his predecessor.

[Editor Stéphane Courtois asserts that "...Communist regimes...turned mass crime into a full-blown system of government". He cites a death toll which totals 94 million, not counting the "excess deaths"

(decrease of the population due to lower than-expected birth rates). Deaths given by Courtois is as follows]

It is not always easy to distinguish between events caused by fighting between rulers and rebels and events that can properly be described only as a massacre of the civilian population. Nonetheless, we have to start somewhere. The following rough approximation, based on unofficial estimates, gives some sense of the scale and gravity of these crimes: 


Deaths due to Communism
Country NameNumber of Deaths
U.S.S.R.20 million
China65 million
Vietnam1 million
North Korea2 million
Cambodia2 million
Eastern Europe1 million
Latin America150,000
Africa1.7 million
Afghanistan1.5 million

The international Communist movement and Communist parties not in power: about 10,000 deaths.
The total approaches 100 million people killed.

The immense number of deaths conceals some wide disparities according to context. Unquestionably, if we approach these figures in terms of relative weight, first place goes to Cambodia, where Pol Pot, in three and a half years, engaged in the most atrocious slaughter, through torture and widespread famine, of about one-fourth of the country's total population.

However, China's experience under Mao is unprecedented in terms of the sheer number of people who lost their lives. As for the Soviet Union of Lenin and Stalin, the blood turns cold at its venture into planned, logical, and "politically correct" mass slaughter.

“And the less familiar figures in Margolin's chapter in "China: A Long March into Night" are even more staggering: at a minimum, 10 million "direct victims"; probably 20 million deaths out of the multitudes that passed through China's "hidden Gulag," the laogai; more than 20 million deaths from the "political famine" of the Great Leap Forward of 1959-1961, the largest famine in history.”

“During Mao's Cultural Revolution, priceless treasures were smashed or burned by the Red Guards. Yet however terrible this destruction may ultimately prove for the nations in question and for humanity as a whole, how does it compare with the mass murder of human beings — of men, women, and children?”

"The book's second point is that there never was a benign, initial phase of Communism before some mythical "wrong turn" threw it off track."


[The Black Book of Communism received praise in a number of publications in the United States and Britain, including the Times Literary Supplement, New York Times Book Review, Library Journal, Kirkus Reviews, The New Republic, National Review and The Weekly Standard   ]

Wednesday, January 25, 2012

Hong Kong, next level of China's Communist Imperialism


In Tibet where there are currently almost a thousand political prisoners, is, right now, no freedom of religion, speech or the press due to the Communist occupation.

Occupation has also done severe damage to Tibet's environment, another source of pain to native Tibetans, who believe in respecting the Nature and Earth. The Communists have engaged in deforestation in Tibet and dumping of nuclear waste from their own country. Tibet's holiest lake, Yamdrok Tso, is now being drained by the Communists to use for a hydroelectric power facility. Moving on to another comparatively surreptitious and deliberately ignored and understated encroachment of Chinese Hegemony, Hong Kong.



A young girl holds Hong Kong and Chinese flags as she poses for a photo before the Hong Kong skyline.
HONG KONG RESENTS CHINA AND WITH GOOD REASON:                                          

The traditional distance between Hong Kong Chinese and their mainland counterparts was thrown into sharp relief recently, after two widely seen videos dramatized the cultural gulf that still exist between the two sides nearly 15 years after Hong Kong’s reunification with China. In one, a cell phone video disseminated on social network sites and Hong Kong TV news, arguments erupt between Hong Kong and mainland Chinese after a local man tries to stop a mainland girl from eating in a Hong Kong subway carriage. The other is a response from a nationalist academic, Beijing University professor Kong Qingdong, couched in language so virulent that at least one version was removed from YouTube for violating the site’s policy on “hate speech.” The professor says “Some Hong Kong people don’t see themselves as Chinese … They are bastards,” before adding “These people are too used to being running dogs for British imperialists.”

Hong Kong’s colonial past (which actually resulted in their proclivity towards valuing "Freedom of Speech") is one reason why many see such a rigid delineation between “us” and “them.” Large numbers of Hong Kong Chinese retain British or other foreign travel documents and take a balanced view of the colonial era — viewing it as a time of racial or social injustices, certainly, but also as source of many of the city’s defining advantages, including common law, a global outlook and media freedom. These have been contributing factors in a distinctive local culture that has long caused many Hong Kong people to quietly regard themselves as being far from ordinary Chinese. These days, however, the issue of identity is spilling into a more public forum.

A University of Hong Kong public-opinion poll that has been conducted every six months since 1997 measures the number of Hong Kong residents who identify as Hong Kong citizens, Chinese citizens or some combination of the two. In the latest survey, released in December, the number of respondents identifying themselves first and foremost as Hong Kong citizens was the highest in 10 years, while the number who saw themselves primarily as Chinese sunk to a 12-year low. The results hit a nerve: mainland officials called the poll unscientific and state-run media lashed out at the survey’s main organizer, accusing him of working for the British (typical scapegoating attitude of Beijing's thuggish leaders) to “incite Hong Kong people to deny they are Chinese.”

In part, Hong Kong people’s negativity toward mainland Chinese reflects discontent over the Communist government’s control over the supposedly autonomous region.

Owing colossal credit  to communist leaders in Beijing, the dominant political forces in Hong Kong are pro-China, and the Hong Kong government is viewed as regularly kowtowing to Beijing (Not reflecting the majority of Hong Kong citizenry). Hong Kong is politically distinct from the mainland, most notably with its laws governing freedom of speech and freedom of protest, and any muddling of this distinction is frightening” to locals, says Gordon Mathews, a scholar on Hong Kong identity at the Chinese University of Hong Kong. 
The greatest fear Hong Kong people have is Hong Kong becoming just one more city in China.
given the Chinese aggression that seems more than likely.

Pocketbook issues are also exacerbating political and cultural divisions. In recent years, wealthy mainland Chinese have become a welcome lifeline for Hong Kong’s economy, filling hotel rooms and emptying designer stores (their shopping sprees make up one-third of retail sales). On the other hand, their speculation in Hong Kong’s property market is widely resented. Mainland Chinese buyers are behind 30% of all luxury home sales and there is a perception that they are driving up overall property prices, leaving even middle class Hong Kong people struggling to afford exorbitant rents or mortgage down-payments. Hundreds of thousands of mainland Chinese migrants — many of them the spouses and children of Hong Kong residents — have meanwhile put pressure on housing and school places in an already overcrowded city. Even milk formula has at times become scarce in supermarkets. After the 2008 tainted milk scandal in China, mainland Chinese crossed the border to stock up on imported formula in Hong Kong, denuding shelves and leaving local parents fuming. The net result is increasingly open antagonism that can be triggered by seemingly minor pretexts. Earlier this month, hundreds-strong protests took place outside the shop front of luxury Italian brand D&G,because a security guard told locals only mainland Chinese and other tourists were allowed to take photos in front of the store.

The area of greatest contention lies in the numbers of pregnant women from the mainland entering Hong Kong to give birth, which automatically grants the babies residency, as well as the free schooling and high-quality health care that goes along with it. In 2010, 37% of babies born in Hong Kong were to mainland families where neither parent was a Hong Kong resident. It has become alarmingly difficult for pregnant women, local or otherwise, to reserve hospital beds in the maternity ward, even after the number of mainland women allowed in Hong Kong hospitals was capped at 34,400 for this year.

A week ago, dozens of pregnant women marched in protest in the cold and rain. The women, along with hundreds more husbands and other supporters, were calling for a legislative change to overturn automatic right of abode through local birth. 

“If [mainland people] come here for the resources and welfare and are not contributing, then it’s a problem. It is out of control now,” said Zumi Fung, an expectant mother who was part of the protest.

The Facebook group of 80,000 members that organized the demonstration has become a forum to vent vitriol at the mainland Chinese in Hong Kong, who are called by the derogatory term “locusts” and much worse.

The issue of mainland mothers has become a central talking point for Hong Kong’s election in March, when the chief executive will be selected by an electoral committee of 1,200. The two frontrunners have both vowed to improve the situation with tighter border control and quotas. One of them, former Chief Secretary Henry Tang, has also called for a more “inclusive” mindset to create a more “harmonious society.” But it is doubtful that Hong Kong people will adopt harmonious attitudes towards China or their mainland brethren any time soon. “I think it will only happen when China becomes a democracy,” says researcher Mathews. “And I’m not holding my breath on that.”

Monday, January 23, 2012

US-CHINA COLD WAR or a FULL-FLEDGED WORLD WAR 3?

President Barack Obama was in Asia to declare a cold war with China.  Hopefully the U.S.-China cold war won’t be like the one fought with the Soviet Union that brought the world to the brink of nuclear annihilation and cost trillions of dollars over 60 years.

The crux of the conflict is China’s attempt to assert its sovereignty over the South China Sea, a resource-rich conduit for roughly $5 trillion in annual global trade, of which $1.2 trillion is American, which U.S. Secretary of State Hillary Clinton declared last year a matter of “national interest.”

Beijing’s assertive behavior in the South China Sea precipitated calls from Asian allies for the U.S. to deepen its involvement to be a strong counterweight. 
Those calls led to the formulation of Obama’s new Asia strategy, which administration officials admit changes America’s “military posture toward China” into something like the former East-West cold war. The first shots of the new war were heard last week.

President Obama, while traveling in Asia, fired the first rounds of the cold war when he declared the U.S. is a “Pacific nation,” and USA intends to play "a larger and long-term role in shaping this region and its future.”

I have directed my national security team to make our presence and missions in the Asia Pacific a top priority,” Obama said. The region “is absolutely vital not only for our economy but also for our national security,” 
—and then the President and his representatives unveiled an avalanche of cold war-like initiatives intended to counter China’s demoniacal hegemony.
 
  1. The U.S. will increase its military presence in Asia (Thank GOD for that).  Obama announced 
  2. an agreement to permanently station 2,500 Marines in Australia, and 
  3. to increase combat aircraft such as B-52 bombers and aircraft carriers traveling to Australia.  
  4. That Compliments 28,000 troops already stationed in South Korea, and 50,000 in Japan.
Obama headed to Bali after promising partnership to Australian lawmakers

Ally Singapore promised to provide basing for U.S. littoral combat ships, and Vietnam invited the U.S. Navy to use the Cam Ranh Bay port for provisioning and repairs.

Obama has already announced plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the administration restated its arms commitment to China-rival Taiwan, and the administration is considering offering the Philippines a second destroyer.  Also last week, Clinton was in Manila to mark the 60th anniversary of the U.S.-Philippine Mutual Defense Treaty, to discuss regional issues, and then she traveled to Thailand to bolster that relationship.

On the economic front, Obama announced an Asia Pacific free trade deal, called the Trans-Pacific Partnership, that excludes Beijing.   He also used the trip as an opportunity to admonish the Chinese to “play by the rules” (which, in effect, means "don't cross your limit") and repeatedly criticized Beijing for undervaluing their currency, which makes American goods more expensive.

On the diplomatic front, Obama attended the East Asia Summit (EAS) in Bali, Indonesia—the first time an American president has attended the annual event.  Obama wants the EAS to serve as a decision-making body for policy in the region.

Consider Beijing’s behavior that precipitated these cold war initiatives and how Obama’s Asia strategy might play out.

First, China’s actions and its downright insolent rhetoric regarding the South China Sea are warlike. It claims “indisputable” sovereignty (hegemony) over 90% of the sea in order to gain maximum access to about a tenth of the world’s commercial seafood and oil and gas reserves that could rival those of Kuwait.  It threatens international oil firms that sign deals with South China Sea countries and Chinese warships routinely harass ships in contested waters.

China’s semi-official Global Times threatened, 
If these countries don’t want to change their ways with China, they will need to prepare for the sound of cannons.
The Times was referring to the 750 Spratley Islands in the South China Sea, which are contested by Asian states such as Vietnam.


Furthermore, on November, 2011 The bellicose authorities of China's Authoritarian Regime (CCP) deemed it well within their rights  to obliquely threaten India for their licit Oil exploration activities by ONGC Videsh in the waters off Vietnam.

ONGC Videsh had legally signed a contract with the Vietnamese authorities to explore blocks 127 and 128 off Spratly Islands which had supposedly pricked China in the wrong place.

Chinese foreign ministry spokesman Liu Weimin said in Beijing on Monday his country has more than once made it clear that it did not want outside forces involved in the dispute.

"We don't hope to see outside forces involved in the South China Sea dispute, and do not want to see foreign companies engage in activities that will undermine China's sovereignty and rights and interests," Liu Weimin said.
To which India humbly replied that the exploration of oil and gas in South China Sea was "purely a commercial activity" and the dispute should be sorted out in accordance with international laws and practices.

To foster its dire imperialistic goals, China for the past two decades has funded an unprecedented military expansion program. With no known threat to its homeland, that should leave no doubt that the Chinese plan to use their modernized People’s Liberation Army (PLA) to further their expansionist objectives by intimidation or outright aggression.  

Their "illegal claim" to essentially the entire South China Sea, which they have declared a “core interest,” is a case in point. 

Their unauthorized building of facilities on the Philippines‘ Mischief Reef in 1995 and their forced confrontation with Japan over disputed islands in 2010 only serve to illustrate what China is prepared to do in the future.

More recently, an Asahi news article published on Dec. 31 stated that the PLA has developed an internal tactical plan to seize control of disputed islands in the South China Sea by force. According to the article, exercises involving the PLA, air force and navy were conducted in July and November to test the plan. One source from the Guangzhou Military Region stated, 
We were able to demonstrate that we had the ability to destroy a U.S. aircraft carrier.

Retired Navy Adm. James A. Lyons, former commander in chief of the U.S. Pacific Fleet and senior U.S. military representative to the United Nations, considers PLA weapons upgrades as a "signal of their goal of Pacific hegemony". And Last in 2011 he stated:

"With China’s continuous support to prop up the puppet regime in Pyongyang, it is simply ludicrous and a denial of reality to give any credit to China for any progress toward peace on the Korean Peninsula. The six-party talks have failed to produce any redirection in the North Korean threat. China’s goal is clear - to destroy the U.S. alliance with Japan and South Korea."
U.S. Aircraft Carriers Secure Obama in Bali for ASEAN Summit.
"We need to make clear to Chinese leadership in unmistakable terms that we consider the deployment of the PLA’s ASBM [anti-ship ballistic missile, DF-21D] an “unfriendly act.” Further, should it be used against our aircraft carriers, we would consider such an attack the same as an attack on our homeland, which would be answered with a devastating response.

(That's more like it, let's screw the imperialism of these haughty, megalomaniacal, bellicose communist chinks)


Summary



1. The country imprisons Nobel prizewinners such as the political activist and writer Liu Xiaobo, steals intellectual property and technological know-how from every nation with which it does business and strives to deny its people access to information through internet censorship.
China chose to make an example of Nobel Peace-Prize winner Liu by jailing him for 11 years for Speaking his mind

2. The people of Tibet suffer relentless persecution from their Chinese occupiers, while Western leaders who meet the Dalai Lama are snubbed in consequence.

3. Other Asian nations are appalled by China’s campaign to dominate the Western Pacific. Japan’s fears of Chinese-North Korean behaviour are becoming so acute that the country might even abandon decades of eschewing nuclear weapons, to create a deterrent.

4. A few months ago, the insolent Chinese party-controlled newspaper "Global Times" carried a harshly bellicose editorial, warning other nations not to frustrate Beijing’s [Hegemonic] ambitions in the South China Sea [as though it's an internal lake as opposed to actually being part of an ocean] — Vietnam, for example, is building schools and roads to assert its sovereignty on a series of disputed islands also claimed by China.

The Beijing newspaper asserted

If Vietnam continues to provoke China, China will . . . if necessary strike back with naval forces. If Vietnam wants to start a war, China has the confidence to destroy invading Vietnam battleships.’

Now the Questions remain, should only Mexico use the "Gulf of Mexico" because it's not named after America. The "Gulf of California" is in Mexico, so that should be used only by America? Should the "Arabian Sea" be no concern to India?

US has allies in the eastern section of the world (i.e. Asian countries). Militarily weaker countries which IMPERIALISTIC China would eat alive (like it did to peaceable Tibet and trying to do in Taiwan) were it not for USA.

Philippines, Japan, South Korea, Thailand.  Even the perceived enemy the Vietnam needs protection from China's bullish and Imperialistic proclivities.

If USA did not involve itself in that part of the world it would anyway embroil itself in a major war. The Chinese would then be the big bully on the block. Would anyone prefer that? Some say it's better to intervene now before the whole WORLD gets drawn into a larger conflict.

Saturday, January 21, 2012

China's Imminent Economic Crisis Startles Economists

China Starts to feel the HEAT of an Economic Meltdown
Beijing's National Bureau of Statistics revealed China's GDP growth in the fourth quarter slowed to 8.9% from 9.2% in 2011.
 
Reuters and Associated Press believe China's economic growth this year is still falling, but is expected to have a "soft landing."
 
Other media and academics are worried that China's economy this year may actually experience a "hard landing."

On January 17, at the State Council Information Office press conference, Chief of Bureau of Statistics, Ma Jiantang spoke about China's GDP growth. Ma said, despite its decrease in 2011, GDP growth was largely in line with macro-control goals.

Ma Jiantang commented that 2011's global financial crisis should invite concerns about 2012's economic development.

Chen Zhifei, Professor of Economics from City University of New York, said, the Chinese Communist Party (CCP) always reports the good rather than the bad news. Ma Jiantang's remarks are actually a reminder of the severity of the situation.

Chen Zhifei: 
"There is a trend of decline in China's economy now. The surface fixes and false data can't be hidden any more. Overall, the conclusion is that China's economy is still in a very grim situation, which is indeed worrying."

On January 18, the Ministry of Commerce announced that China's 2011 European and American investments declined.
US investments decreased 26.07%. Pittance Investments from the EU decreased 3.65%.

On January 12, The Guardian cited Albert Edwards (Head of economic strategy from the French bank "Societe Generale"). His analysis showed, China is likely to face a "hard landing" (
that is just a prelude to TOTAL COLLAPSE) in 2012 which will lead to the global economic crisis' climax. Edwards warned that the Chinese economy expended with about 10% average annual growth over the past 20 years. But with the two touches of the economic bottom in the West and China's overheated real estate market, China's economy may face serious problem in the future.

Chen Zhifei:
"With the further deepening debt crisis in Europe this year, China's economy will encounter greater challenges. From a domestic perspective, the real estate bubble and overall decline of manufacturing industries, as well as other aspects promoting economic development, will make the CCP unable to do anything. Plus the inflation, they all make a cycle, which China's economy cannot jump out of."

Bureau of Statistics' latest figures show that China's urban population reached 51.3%, exceeding the rural population,
This is for the first time in China's history.
Ma Jiantang believes that changes in population structure will play a positive role in promoting domestic demand. He does not think that local debt and real estate are the largest risks of China's economic performance.

Beijing economist, Feng Xingyuan, said that China's GDP is still dominated by the government's investment and administration (or rather, draconian oppression), which runs counter to the market economy.

In the first half of 2012, real estate may experience a major reshuffle. Private investments unable to withstand restriction measures will quit.

Feng Xingyuan:
"Last year, the restriction measures affected the overall size and growth rate of GDP. The growth rate is kept in the way of national development and people's regression. For example, the development of protection housing is in fact a form of increasing government investment to maintain GDP."

According to the released GDP from Bureau of Statistics, in 2011, China's GDP per capita is 5,000 dollars. Sun Lijian, Vice President of Economics at Fudan University believes, GDP per capita is still questionable, and can have a downward trend. Cai Zhizhou, Research Center of National Accounts from Peking University pointed out that in 2010, China's GDP per capita ranked 95th in the world.

And that China's last year figure was almost the same as that of Namibia, Africa, for 2010. Germany's Der Spiegel commented that for China, this is almost a critical value. The growing wealthy class needs to share the success with lower income class, otherwise, it will be difficult to avoid a great social upheaval.

Thursday, January 19, 2012

CHINA’S ECONOMY and GOVERNMENT WILL BE IN SERIOUS TROUBLE WITHIN DECADES


WHY CHINA’S ECONOMY WILL BE DEVASTATED WITHIN DECADES


[China’s economic boom has dazzled investors and captivated the world. But beyond the new high-rises and churning factories lie rampant corruption, vast waste, and the elite with little interest in making things better. Forget political reform. China’s future will be decay, not democracy.]

Since the 1980s, the Chinese government has focused on developing an export-driven economy supported by an artificially undervalued currency. Foreign direct investment was severely encouraged while domestic consumption was limited. Massive infrastructure projects were initiated, fuelled by a growing trade surplus, with cities sprouting up in the hinterlands like some mythical phoenix. For years, the Chinese economy benefited from these policies with double-digit gross domestic product growth, vast foreign currency reserves, and ever increasing capital inflows.

The Fact is, State enterprises are miserably unprofitable. In 2003, a boom year, their median rate of return on assets was a measly 1.5%. More than 35% of state enterprises lose money and 1 in 6 has more debts than assets. China is the only country in history to have simultaneously achieved record economic growth and a record number of non-performing bank loans.

In reality, the only thing rising pertaining to China is the hype about China.

Following is the summarization of basic points as to why Chinese Economic Model is a blatant fiasco.

Well, most of the reasons for China's short-term Economic Growth are also the reasons it is most likely subject to failure.

Their economy is significantly based on EXPORTS, particularly to the west, so if North Americans and Europeans cease to buy shoddy Chinese stuff, China's economy suffers an irrevocable damage.

There are HUGE inequities between the poor and the worker class and the moneyed class in China, there is the old Churchill truism that the “vice of capitalism is the unequal distribution of its benefits and the virtue of socialism is the equitable distribution of its misery.” It's like that. Education, science, infrastructure are all based on the middle 60% of Chinese populace who are still extremely poor when compared to those in other countries (US/EU/Japan).

A small segment of Chinese society (5-10% of the whole) may try and to a degree succeed in achieving something approaching the lifestyle of those in the west, (cars, houses/apartments, office jobs, good education) but there will be a LARGE majority which not only “won't” but could never achieve this lifestyle, they will be pissed off.

Environmental devastation, in the DEVELOPED Countries particularly environmentalism gets short sheet unless something truly tragic happens (Hurricane Katrina, Exxon Valdez , drought, etc) in China, stuff like that happens EVERY DAY, whole river systems have become so toxic, that people get chemically burned by touching the water , let alone drink it or use it for cooking etc. This has gone on for the last 20 years or so. Desertification, water pollution, air pollution, ambient toxicity in the environment (lead/dioxins etc in everything in the environment)

The Environment 2.0 - With global climate change/warming whatever, it may not matter that polar bears go homeless, polar bears don't have nuclear weapons so it doesn't much matter if they are desperate communist party members too.

In China that matters a great deal as you somehow have to keep 1/2 your people fed reasonably consistently (with all the problems mentioned above). Its more than likely you could understandably become somewhat emotionally sensitive to Pakistan or India or someone else laying claim to your water reserves. Wars have begun for less.

Regional conflicts spilling over, Whether it's The Head of the state of North-Korea, Pakistan Chief, some Russian disaffected Generals or Nationalists in Japan or Indonesia there are going to be 4 and potentially as many as 7 nuclear armed states right next door and at least 2 of which (at the least) are not entirely friendly to Chinese interests. This is NOT an entirely happy situation under any circumstances. Any conflict between these states (India/Pakistan) , (Indonesia/Philippines), (Russia & Anybody), would be bad news and invariably involve China.

Straight economics, the Chinese "stock" market is laughably corrupt, a single US citizen with a 401k may have holdings in dozens of companies in a reasonably well diversified portfolio. In China with 1.6 billion people, there are approximately 100 companies traded on their stock-market, more than a few of these are tied to the government somehow, and there is not even a semblance of the accountability that exists in other countries in the EU , US or elsewhere.


Finally, Developed countries’ (esp. USA, German, France) national destinies are linked at the hip with China’s national destiny.

Eventually one of two possibilities will come true with US debt-

A- US citizenry may wake up and demand the government put a 20 year plan or something to retire 80% of the debt.
B- US citizenry does NOT demand the government retire the debt.

Either way , China will be in serious trouble,

“A”, is obviously preferable for all concerned but that's just NOT very likely (This only really hurts China a very little bit).

“B” Is far more likely and will have bad consequences, because China and Japan and most recently India are starting to buy strategically significant amounts of US debt.

The problem is that US politicians currently have an addictive relationship with tax-cuts and debt and they clearly aren't all that serious about actually paying that debt so if the intention to default on that debt became obvious for some reason there could be a RUN on US debt. US citizens would not buy stuff and the economy could be in for a nasty shock. This would ENDANGER China gravely since they've bought so much of US debt, coupled with the exports/trade hit and resurgent concern about US national interest. US would be in danger too but that pain would hurt everyone else along with us.

Alternatively, the thinking is that you can drop an economic "bomb" on the US economy by demanding debt payment or dumping that debt onto the market , either way you bite the hand that feeds and things could get ugly, if the US economy was significantly affected, you would see citizens rioting in the streets to at least appear to get an "A", situation started.

Further Redounding to an already pretty gloomy future of China is a High Dependency Ratio coupled with a very High Sex Ratio. These are bound to cause VERY serious problems for Communist Party of China! Then there are political problems with Tibet and Taiwan!
Age pyramid for China. Each box denotes a five-year age group,
starting with 0-5 years in the bottom box.
Effects of the one-child policy result in smaller age cohorts in recent years.

According to Wang Feng, a professor of Social Development at Fudan University:  
“The consistently low birth rate since the 1990s will cause a noticeable contraction in newly available labor. The section of the population between 20 and 24 years of age will decrease sharply from 125 million in 2010 to just 68 million in 2020 – a 50% decline in only 10 years.”