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Mark Gongloff

China Is Giving Off Strong Lehman Brothers Vibes

Xi keeps going missing, the economy is on the brink and people are getting restless.

Unfinished business.

Unfinished business.

Photographer: JADE GAO/AFP/Getty Images

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An old myth is the idea of the Wasteland, about a kingdom falling into ruin due to the illness or moral depravity of its leader. It’s the basis for such entertainments as the Arthurian legends, T.S. Eliot’s most famous poem and the 1990 Steven Seagal vehicle “Marked for Death.”