The Chinese economy appears to be a house of cards built on sand. The economy is built on false pretense. Building empty cities does not sustain an economy. With a global slowdown, and fewer people buying their exports, it is getting to be crunch time in PRC.
My concern is how do they distract the populace. History says the best method is war. If I lived in the east Pacific I would be really nervous. China has taken some small atolls, and made them into islands to support their military. They have been jawing with the Philippines over some additional disputed islands. The Tiger is starting to flex it’s muscle.
Mean while we have a President and Secretary of State who make Neville Chamberlain look like Dick Cheney.