I think China is experiencing Hyper-Collapse, and Hyper-Growth at the same time.

The Difference between America, and China, is that America has sabotaged Creative High IQ White Men, and caused Societal Decay with Inflation.

Whereas China's Massive Economic Boom was a byproduct of copying American produced goods but now because America is no longer producing Original Ideas anymore China can't create new ideas because China's cultural, social, legal, and financial system doesn't reward creative thinking, China is a hivemind, strict regimented collectivist thinking.

Whereas America, at least historically had a cultural, social, legal, and economic system which allowed individuals to try new, dangerous, unpredictable, stupid, and controversial ideas to both societies benefit, and detriment.

China does not takes these risks, they believe in the predictable, and know, the true, tested, and reliable.

America runs on Coffee, Duck Tape, and saying screw it, I'll try anyways.

But that's changing slowly now, The American Man has been effectively Nuetred by Society thus destroying his purpose, and reason to exist, and innovate.

China doesn't innovate they copy.