from Strategy Page
After two decades of spectacular growth, a year or two of no growth won't kill the Chinese economy (many Chinese banking officials welcome it, for providing an opportunity to get things in order). But security officials point out that unemployed and poorly treated workers are the source of over half the demonstrations and riots the police have to deal with.
The government has ordered officials to keep these outbursts to a minimum, throwing money (paying off the demonstrators) as need be (and cash is available). Chinese officials are very well versed in Chinese history. They know that a common cause of mass uprisings in the past have been sudden changes in economic conditions. This is especially true if the people are harboring other grudges against the government.