[I suspect there are a lot of farmers in China who have never seen an IQ test, so Im not sure how the average worked out for them.]
The issue with China isn’t a lack of good genetic material, cognitively-speaking - it’s terrible government, including the current one. However rotten the government though, the fact that they’re sitting on a gold mine of human resources means that things can only get so bad before a functional (though crappy by Western standards) leader seizes the reins of power.
Like most other nations China has exactly the sort of government which fits them.