If there is an environmental disaster, he warns, it won't just be China's problem, it will be the world's problem.
Another intriguing alternative is that Apple will address its biggest problem in China.
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Already the largest producer of carbon emissions by some estimates, China has another energy problem: efficiency.
Apparently well aware of the problem, China's policymakers have started to tighten credit.
However, the loss of talent is a problem that China is facing.
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Mr King concludes that the biggest problem for China's current exchange-rate policy is not the yuan itself but the performance of the dollar.
That's a problem because China needs to continue transforming itself.
In the immediate future, however, China has no real problem.
And ever-increase tonnage of U.S. coal bound for China is adding to the problem.
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Lott's greater problem is steering China's entry into the World Trade Organization through the election-year Congress.
The problem is that China's narrower surplus reflects an unsustainable rise in investment (as a share of GDP) rather than in consumption.
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Rarely mentioned in such analyses is China's own aging problem.
Not that it has a problem selling in China.
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Rising consumer prices remain a problem back in China.
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In the emerging markets inflation is the big problem, particularly in China (see chart).
The stock markets in China and Japan have seen the problem coming.
Wang Hongguang, director of the National Centre for Biotechnology Development, admits that originality is still a problem for many of China's scientists.
China has a different sort of problem: a shortage of water, of which millions of gallons can be required to frack a single well.
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Another problem is certification: China's civil aviation authority would have to be officially recognised by its American and European counterparts before Chinese aircraft could be exported to America or Europe.
So the problem lies in countries like China, America and Europe, which all have stable populations.
Retention has historically been a problem for many manufacturers in China, which rely on the country's vast migrant labor pool.
Rising housing costs in Shanghai, Beijing and Guangzhou have exacerbated the problem of rising inequality in China, as the major city centers become unaffordable to many middle class and lower-middle class Chinese.
"China's government is aware of the problem and addressing it aggressively, " said Mr. Park.
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