you were mking s much sense ... until this ...."The Chinese govt play the long game and are not concerned about losing the next election."
the chinese don't have elections ! there is the meeting of the CCP ....CCP , not the people , to re-elect Xi which is pretty much rubber stamping but that's all .
then there's your comment about realestate and pollies - very generalised and more untrue than true in most cases .
This is in stark contrast to politicians here who are deep in real estate developer's pockets. Boost immigration, pump property as high as possible.
