It's the exact same thing that was said about Japan during its boom phase in fact. It was universally proclaimed that Japan was different because they had a ver

It's the exact same thing that was said about Japan during its boom phase in fact. It was universally proclaimed that Japan was different because they had a very long time horizon and the West was short-term obsessed. It obviously plays into the eastern mysticism you reference. It's why Masayoshi Son has any credibility when he talks about having a 300 year plan for the Internet. Back in reality, you can find countless examples of China behaving with rather absurd short-term obsession and making foolish mistakes due to that short-term thinking. They're doing it right now with Hong Kong. Or for example, in the way they've been willing to become the most leveraged nation in world history at record speed merely in order to buy a few more minutes of faster short-term 'growth' before they have to accept slower real growth in the system. That's long-term destruction in exchange for a short-term prop-up, something that is counter to the fantasy projection about China's long-term magical behavior. It also happens to be exactly what Japan did, exchanging long-term damage (resulting in long-term stagnation as the extreme debt robbed their economy of all of its dynamism) for a short-term propping up of the economy.