October 19, 2012
WEALTH AND ITS CONSEQUENCES: China: What Flows in, Must Flow out.
The manufacturing boom of the past twenty years has made China more powerful and made its citizens wealthier than ever before. But China is quickly finding out that a wealthier population is often more demanding. The past few years have seen a spike in domestic unrest, as millions of Chinese demand higher pay, better living conditions, and an end to government corruption. Now wealthier Chinese are skirting the rules too, finding ways to avoid the restrictions the Communist Party counts on to keep the country under control. It’s becoming increasingly difficult for Beijing to keep the lid on the tensions around the country.
Yes, I think they understand this over here too. They’ll make us into beggars, ’cause beggars are easy to please.