“If anything, they’re stagnant and in danger of sudden collapse.”
Cha-Ching!
China has bubbles galore.
Ghost cities that start falling apart before they’re finished. Really, who uses cardboard as a filler in concrete!?
High schools that are so intense kids are committing suicide if they are failing.
Then “universities” where students can’t fail even if they don’t show up.
Food scandals that make their own citizens buy costlier imported basics instead of local products.
Polluted water, air and even food staples grown in polluted soil.
I’m no expert but I have been reading and watching videos written by westerners living there.
Economically China is a paper tiger that a good drenching will wash away.
Chinese civilization is thousands of years old. They aren’t going to wash away. You may be too young to remember the Iron Rice Bowl and China in a constant state of near starvation. They have boot-strapped themselves into a world power. I expect them to become more capitalist as we become more socialist.