The easy phases of China’s quest for wealth and power are over. After forty years, every one of a set of favorable conditions has diminished or vanished, and China’s future, neither inevitable nor immutable, will be shaped by the policy choices of party leaders facing at least eleven difficult challenges, including the novel coronavirus. 

See also https://aparc.fsi.stanford.edu/news/tom-fingar-and-jean-oi-preview-forthcoming-volume-fateful-decisions