>>511124059 (OP)Chang here. He is right because an extractive dictatorship can't work in a long run.
But his timing estimation is so bad. China can mobilize far more social resources than the West by virtue of its dictatorial system. The CCP's elite interest group will ultimately exhaust China's resources (like feritilirate) like a terminal cancer an then dying along with the system. This tipping point cannot be estimated from the perspective of Western economics.