A massive stock bubble currently forming inside China, their badly corrupt financial system, and adverse effect of undervalued currency(invites currency speculation) lead to an unhappy ending. As for stock bubble, these days Chinese media features kiddy stock whiz in an elementary school who made bundle from his stock investment. This is an episode akin to shoeshine boy giving stock tips to Joseph Kennedy.
Over 1.25 million Chinese are closing their bank accounts weekly and opening up brokerage accounts. Anyone who has ever been to Las Vegas, Atlantic City, Foxwoods/Mohegan Sun Ct or Macau knows that Chinese are degenerate gamblers willing to risk everything in hopes of hitting the big score. Usually the bomb out and this time will be no different.