Qiushi Journal, a bi-weekly magazine published of the Central Committee of the Chinese Communist Party, recently republished an article from the Tokyo-based magazine The Diplomat on the twelve key challenges China will face in the year 2012: (1) A once-in-a-decade political transition in October; (2) A slowing of China’s economic growth; (3) High local government debt; (4) Falling real estate prices; (5) China’s debt problems may have major repercussions for countries benefitting from China’s commodity demand boom; (6) Tighter domestic media reporting guidelines; (7) Intensified policies to drive growth in Central and Western China; (8) A heightened risk of inflation; (9) The increased outbound investment of money seeking safe havens; (10) Continued friction and possible skirmishes in the South China Sea; (11) Drilling China’s first ultra-deepwater oil/gas well; (12) The ongoing Gulf of Aden/Indian Ocean anti-piracy mission.
Source: Qiushi Journal, January 16, 2012
http://www.qstheory.cn/jj/jjyj/201201/t20120116_135021.htm
Original: The Diplomat, January 8, 2012
http://the-diplomat.com/china-power/2012/01/08/chinas-2012-challenges/