Re: I was watching...
China's projects aren't delivering.
Latin American projects failing - https://money.cnn.com/2016/02/16/news/economy/china-latin-america-projects-fail/index.html
One Road One Belt failing - https://foreignpolicy.com/2017/01/09/chinas-new-silk-road-is-getting-muddy/
I hear the Africa investment isn't going too well either.
They have a debt problem - https://www.theguardian.com/business/2016/jun/16/chinas-debt-is-250-of-gdp-and-could-be-fatal-says-government-expert - that isn't getting any better and the domestic property market has been rising above realistic levels and with the wage growth being significant and talk about American companies starting to migrate production back to the USA over the next ten years because of this... I don't see as rosy a picture as you.
I have to admit that I was surprised to read of a domestic debt problem in China. I believed that their population was one of savers - https://www.bloomberg.com/news/articles/2018-01-01/china-warms-up-for-2018-critical-battles-with-cooling-economy