This is more a political view so if we could take something out on investment ideas it will be good but the intent of my concern is more grave.
Here's an interesting Video. On surface is logical and sensible. However I also notice the author is a local Indian who sides with the CCP which I find it quite amazing that he has crossed ethnic line which we all may know India and China have been on border conflicts for a long time. Very few can and he has my full respect because is not easy. If we have looked at rivalry Democrats and Republicans of America tops people, you would appreciate crossing ideological lines are not only rare but also difficult. Below link to the interview on the book "Has China Won?"
The concept that China has strong meritocracy system which I find it ridiculous considering Xi changed the rule and appointed himself to the post forever which is kind of ironic.
China has best 30 years because American, Japan, Taiwan, Korea and EU companies come in to invest in China to open factories. And they are still heavily reliant today. As we speak today, there are comment that more than 600 Millions Chinese are below poverty lines. We can help them by making sure China do not spend more on unnecessary ventures. I don't have actual data to reference on but the below link can gives us a good idea.
The book and commendatory keeps me worried because I am not so sure is this helping China or making the situation worst for the Chinese people. First of all in my mind, China is not ready at all to take on America or the band of White Nations today. I am a realist and my work do keep my awake of ethnics diversity and their thinking. When they are not in threat they can be the nicest people you ever know. Best of friends. But when comes to a time when their job is at risk, chances are everything comes loose in a very convert way you can never imagine.
So to thumb down United States has an effect of fanning the nationalistic feeling of the Chinese people ( Humiliated century ago) and make them even more want to fight to be number one which is completely unnecessary, and illogical. A number two in the world (We are talking the World) even for the next 50 years for China is an amazing feat and it will gives enough time for others majority to catch up to build a more robust and developed China.
So why this message. United States is a benign power. They do not have territorial aggression but economic development. In fact the return space travel with SpaceX successful launch is a good example of technological might of the nation that utterly keep many dumb-folded. Suggestion to undercutting their defense is dangerous as this will further encourage CCP going further can result in a major war that could send them or maybe everyone back to stone-age and this is completely unnecessary. We need to stop this ego thing.