Although much about life in China sucks, the reality is that:
1) The Chinese government is way more competent than those monarchies in the Mideast (even if you hate what China is competent at).
2) Overall living conditions and opportunities for people in China have been improving dramatically for the past 20 years or so.
As a result you have neither the near universal rage amongst the people against the government nor the incompetence of the government in dealing with unrest that you see in the Mideast.
China will not be following in Egypt's footsteps any time soon.