China is a bubble..
I must have read/heard that somewhere I am not knowledgeable enough to judge. But I believe it and like it. Go directly to democracy after the crash and revolution? I don't think so. Back behind the Bamboo Curtain as the Maoists take over? More likely the latter.
Even as Mao was taking over China in the late 1940s my grandmother was telling me that China will rule the world. She was no fan of "agrarian reform" it's just what her Bible belt churches told her was God's punishment.
Well Grandma missed it by just that tiny bit.