It talks about the lack of spending power of consumer because of low wages, and gains all flood into elite class and national enterprises. My observation is that it's seemed almost like "directed" or "forced" consumption to stimulate economy - a consumption without average consumers, or people really have very little role to it. Prove is that the real-estate expansion bubble, empty buildings and cities. It's like a hack of economy for super growth with very little risk. I think it's a complete violation of nature, but effects can vary... my prediction of one significant effect is that there will be very little innovation come out from China for next 20 years. I think they've thought of it, and don't care as it is not a primary concern for them at this point in time. And I don't think this hack is as good as it is thought to be, the risk has been reduced in the short-term, but it's somewhat cumulative, and it's going to be very dangerous in long-term.
Back to topic of this article... I can see the wall, but it's so huge that distance cannot be determined. Maybe when China about to hit, they might come up with something. After all, control is their weapon, and it can be extremely effective.