Not sure but this also reminds me of the early 90's when the Japanese were "buying the world." Japan's problems pale in comparison to China's.
Their situation improved hugely from what it was 20 or 30 years ago. They went through hell during all these decades, so they built up such resilience that I don't think that they will revolt simply because they cannot get a job right now.
Also, the Cultural Revolution is still fresh on people's memory (even though no one talks about it). That was a "class-struggle" revolution (supposedly), and I don't think they would want to get back to that time, even if the gap between rich and poor keeps widening.
My only point is that a significant portion of the economy is based on exports for which demand has dropped and may never return. Will domestic demand fill in that gap? From what I've read, that seems unlikely. The government is going to have to maybe shift their economic strategy to cope with this fact.