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I wonder how confident the CPC is in the political stability of China. Conflict is a wildcard and it can have all sorts of consequences. I don't really know ho
by netcan 12y ago
I wonder how confident the CPC is in the political stability of China. Conflict is a wildcard and it can have all sorts of consequences.
I don't really know how to evaluate the claim myself as a removed outsider, but there seems to be a pretty credible claim that politically, China is economic growth addicted. IE, any kind of stagnation or substantially reduced growth rate endangers the political status quo.
People standing over their 14 year old kids to get the grades expect a salaried lifestyle for that kid in 10 years that isn't available today. They are expecting economic growth to create it. If, when that kid is 19 and in University it starts to look like a white collar job for graduates is unlikely, this kid studying Business and International Studies is not going to achieve what his parents worked. If he finds himself with something they unanimously agree is beneath him….
War is tricky.
- dragonwriter 12y ago> any kind of stagnation or substantially reduced growth rate endangers the political status quo. OTOH, using (even engineering) an external crisis -- including outright war -- to redirect popular anger over current or expected domestic economic conditions is not unheard of.