Most people judge based on their life-time experience. Being the average person is about 40, they typically judge based on the last 4 decades. China's history i

Most people judge based on their life-time experience. Being the average person is about 40, they typically judge based on the last 4 decades. China's history is full of violent revolutions. A big economic slump could snowball into political and social catastrophe. The gov't could grow complacent and/or out-of-touch and try to solve social unrest with ham-hands, making it worse. As the investment disclaimer says, "Past (near-term) results are not a guarantee of future results."