Corruption is still a major problem and there is no signs it has gotten better. African Swine Flu as an example can't be contained because that would need unbribeable enforcement. No-Covid only works (in the enforcement sense) because of draconian penalties. Cronyism is an epidemic disease in itself, you can't advance in China, no matter your qualifications, if you aren't highly connected, and most aren't.
Yes, I'm speaking in broad terms. But I did predict a glass ceiling years ago, because the lack of openness means terrible risk management and sophisticated risk management is crucial for sustained exponential. It has finally happened, growth in China shrank after Covid and the recovery is worse than in the rest of the world.
If you need a reason not to trust China look at what happened to Hong Kong with all the promises made by CCP leadership. Look at the CCP attempts to shape policy, including in western universities. Look at the genocide against the Uyghurs. Look at the issue of organ harvesting, which is partly propaganda and partly the CCP itself hinders any attempts to actually disprove the allegations with their lack of transparency. I am forced to consider the CCP as evil-doers in the same order of magnitude as Nazi Germany. And that is before they try and retake Taiwan, which will be an unbelievably bloody business.
India is 1/6 of the world's population and its media sentiment towards China has been trending sharply downwards over the past few years.
> In China, quick public successes always take precedence over doing it right.
I'd like to see some evidence for this huge, unnuanced claim. Of course they have an incentive to look good. So do companies all over the world. But to claim that that's all they do is to ignore the elephant in the room, namely 40 years of growth in prosperity that's unprecedented in human history.