I agree that this hypothesis has a very low chance of materializing, and, as you pointed out, it seems already "priced into the market".
That said, given China's extensive involvement in many countries, such as in Latin America, Africa, and others through infrastructure projects and strategic investments, I'm curious: do you have any contrarian views on what moves China could make to boost its growth?
Stop stifling dissent. People who can think freely on software, or chemistry or whatever, are not eager to accept a situation where they cannot also think freely about politics and international relations.
Accept reality in international situations. (Taiwan is a de facto separate country; the nine-dash line is a mapmaker's aberration rather than any kind of reality.)
Accept reality in economic statistics. (A number of those apartment buildings are worth zero.)
Accept reality in society. (People don't like being fed propaganda. People don't like thinking that they can be in trouble for saying what they think.)
But I don't think they can do those things and keep any kind of "business as usual"...
That said, given China's extensive involvement in many countries, such as in Latin America, Africa, and others through infrastructure projects and strategic investments, I'm curious: do you have any contrarian views on what moves China could make to boost its growth?