by Fons1 via FlickrChina has its fair share of social problems, but none it getting out of control, says Arthur Kroeber, managing director of the Beijing research firm Dragonomics in the German edition of the Financial Times. China is not heading for a social crisis, as some assume, he claims. “China has huge social problems, but they are not leading to a crisis. The political system is very stable.”
The lack of democracy is not developing into a problem, Kroeber also says. “The government has invested in the past ten years a lot of money to find out what is happening at the basis of the society, so she can deal with any kind of concerns.”
Risk on the short term is inflation, argues Kroeber, on the middle term the pollution and on the long run China’s demografic problems, since the society is ageing very fast because of the country’s one-child policy. “But the main challenge for the coming ten years is political,” he adds, as China political and economic elite of new-rich might join forces in defending their priviliges, just like happened in South-America.
Arthur Kroeber is a speaker at the China Speakers Bureau and one of our authorities on China’s political future. When you are interested in having him as a speaker at your conference, board meeting or panel, do get in touch.