> China understands better how the economy works,
Many people avoid Chinese stocks like the plague because the system is still half communist and as a foreign investor you get some paper in a company on Cayman Island instead of real direct ownership. That keeps me from buying their stocks and I'm not the only one.
China understanding the economy appears to include them understanding that an economy consists of producing and trading goods and services, not a cancerous stock market. You can't invest in their stocks because that would be bad for their economy.