It's worth noting that China has seen decades of steady development, and has avoided the boom/bust cycles we see happening in the west. While we've lived through dotCom bubble, the 2008 crash, covid, and now the looming AI bubble, China has just seen steady progress without the working majority getting screwed every decade like clockwork. While future can always bring something unexpected, it is possible to have a resilient system that adapts to the problems as they surface.