I am sure China stock market will crash around the year end and this will spread into a severe economic and social crisis.
I think the Olympics has something to do with it, so China would probably not crash until after the Olympics? 2c.
Everyone is having this anticipation so I believe the crash will come ealier. The Chinese stock market is obviously at a very unstable stage, everyone in it knows the end is coming soon, they just believe they won't be the last one to holding the chips.