If they can build a 1,000 bed hospital in 6 days, I don’t mess with PBOC effectiveness in manufacturing a soft landing.
Is there a word in the English language for the belief that another race is superior to your own? Not sure. But since China became a financial powerhouse there has seemed to be a belief in their infallibility and the impossibility of a massive financial crash occurring in China. Something about the Chinese always being smarter than everyone else and always miles ahead of their opponents. Another dangerous assumption perhaps.