Fear and Hope in the Year of the Ox- Cataclysmic event on horizon or not

I do not believe that a cataclysmic event such as the Cultural Revolution will take place. However, as the articles below explain WTO violations as well as job losses have taken a toll on China's economy. Just as China made a step toward capitalism, it would be as feasible for China to return to a more CCP centrally dominated socialist economy because of the downturn.
As the economy has slowed less technology and advancement is in the news, these two articles below struck me as having more relevance toward an widespread shift in China's economy. The WTO has accused China of Dumping Class C fasteners on the open market as overstock. This coincides another article discussing China's lack of work for manual migrant workers. I have several questions concerning this, because with China's need to reduce population just to meet its food concerns as well as basic needs, I cannot understand how migrant labor is without work. It is true that the state owned entities have become capitalist. However, proper regulation of capitalist industries and learning from pass historical mistakes such as the late eighteenth century trade inequalities should help China to heal the Ox from its illness. Reducing possible unrest.

Fear and Hope in the year of the Ox

The global economic slump has hit China’s manufacturing sector, which means many migrant workers have no jobs to go back to.This makes the government nervous. Officials believe unemployed rural people could become restless and lobby for political change.They fear 2009 could be a year of increased social unrest in China - and they are bracing themselves to deal with it. China Digital Times

WT0

China Wednesday blasted an EU decision to slap hefty anti-dumping duties on Chinese-made screws and bolts and said it may take the issue to the World Trade Organisation.“China’s government and industry express strong dissatisfaction over this,” Commerce Ministry spokesman Yao Jian said in a statement posted on the ministry’s website.“The Chinese side will study and evaluate this decision and reserves the right to appeal to the WTO.”In one of the biggest anti-dumping cases against China, the EU made a final decision Monday to slap levies on imports of some Chinese fasteners, according to EU documents. China Digital Times

-- Overlooked this assignment earlier--