More About China

Yesterday we wrote about China's difficulties with its dissatisfied workers. Today we draw your attention to a Wall Street Journal article by David Wessel, in which he argues that the Chinese economy faces contradictions.

Wessel's basic point is that on the one hand

China's leadership is determined to slow the pace of growth and thwart inflation.

Thwarting inflation is an important goal. On the other hand:

A repressive government has an easier time keeping its people happy when the economy grows 10% a year.

That is a sizable dilemma for a repressive government. You might want to read Wessel's column.