Go back to any month in any year in the last thirty. You'll find the same type of opinion pieces from the same people. Despite this China has raised the most people out of poverty in all of history, and has matched the US' s GDP.
Pointless 'china is really failing this time despite us being wrong the last 2000 times' articles prove absolutely nothing. Because China isn't trying to be profitable. They are not an oligarchy like euro nations. They are not a kakistocracy like the US. Their economy is fundamentally different.
The next six months is going to be terribly surprising and scary for your racist ass.