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I am not sure that political system can hold up another 50 years with a generation of people who expect a decent and consistently improving standard of living. Demographics, lack of resources are also huge issues for them.

Sure, but I think the odds are decent that what comes next will be economically freer.

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Probably but I guess it depends on the timeline of that because the transition is probably drawn out and painful.

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The Mao to Deng transition was very swift

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Yes but the transition to Mao was not.

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If they go back that direction, then they definitely won't be in the top spot

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Just pointing out that some transitions are smooth and others are messy so we don't really know what the next one for China will look like. I am bearish on China but I have been for quite awhile and been proven wrong.

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