Re 1) unemployment must be an enormous pressure on Xi and the CCP. Perhaps the SOEs can stave off unemployment but the private sector might be starved for funds. It would be interesting to analyze unemployment by demography and sector as those under 40 probably never saw the hardship of their parents or grandparents. Which group would give the biggest pressure? Is the urban, web-savvy young unemployed who previously never had it so good or the migrant workers who never had it good but at least had improved lives and could send money back to their families? Could unemployment change the behavior of the CCP, i.e. even tighter controls on the populace?

I have no answers so perhaps others know better.