August in China has been anything but the quiet month of myth. Developments in the equity and foreign exchange markets and even the appalling industrial accident in Tianjin might seem mere bad luck when considered individually. Together, however, they symbolise a slow-motion denouement of China’s economic and political model. The country is now going through a crisis of transition, unparalleled since Deng Xiaoping set out to put clear water between China’s future and the Mao era.
中國今年的8月絕不是一個寧靜的神話之月。當單個考察時，股市和匯市行情，甚至聳人聽聞的天津爆炸事故，似乎僅僅是運氣糟糕的結果。然而，對這些情況綜合考察會發現，它們標志著中國經濟和政治模式正慢慢走向終結。中國正在經歷一場轉型危機，一場自鄧小平開始在中國未來與毛時代之間畫出清晰界限以來的前所未有的危機。
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