Quote Originally Posted by Papewaio
Combine the one child policy that creates little Emperors (the term for 4 grandparents who spoil their one and only grandchild) with a growing middle class and you will have one of the most spoilt generations in next to no time. The only thing that possibly could stop the lazy generation from widening is internal problems where the farmers rise against the richer city kids. But even the farmers have lots of little Emperors running around and what to just look after their grandchildren. So they in turn are encouraging them to go to the city and get more money.

So either a generation of very western "I'm the center of the universe Gen Y+1" will be in abundance over the next decade OR internal decent boils over and China goes through another cultural revolution and is no longer the manufacturing hub.
Regarding China's 1 child policy: what are their plans for the time when this skews the demographics and they end up with lots of old people and not enough workers? I'm not really familiar with their health care/social security, but I would imagine this will be a problem even worse than the one we are going to face here when the baby boomers stop working.

Also, are they being affected by the rising food costs yet? Word on the street is that rice is getting kind of pricey. Surely this will not go over too well in the rural areas.