China is celebrating the Year of The Ox amid financial & political uncertanties. This year is the 20th anniversary of the Tiananmen Massacre, the 60th anniversary of modern China's founding and the 50th anniversary of the great famine.
The authorities are hoping against hope that economic growth doesn't fall below 6%, while recent stats reveal as many as six million people from the countryside have lost their jobs in the cities.
This explains why parts of Obama's inauguration speech were censored.
Here's a brief insight into what people outside of the major centers are enduring courtesy of Yung Chang's documentary film, "Up The Yangtze":
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