IIT PRC collapcist think some how CCP proactively managing economic risks with 5% growth is a sign of collapse, almost every other major economy is in recession

IIT PRC collapcist think some how CCP proactively managing economic risks with 5% growth is a sign of collapse, almost every other major economy is in recession by that standard. Like tech crackdown, three redlines on real estate, local gov deleveraging, cracking down on bad banks (henan), and now Trust drama - they're problems PRC regulators has been seeking out to manage because they have the economic and political headroom to do so. And they can do so relatively responsibly, i.e. actual deleverage, and punish bad actors, not just print dollars/bail out like US (due to dollar privilege), precisely because CCP has political power to push unpopular interventions without breaking the economy. They don't always take, but they're more powerful levers/tools than what democracy offers. The very fact that this article is about Trust Companies trying to circumvent regulators means PRC still needs more authoritarianism, not less.