Neither does Trump believe US figures are reflective of the reality as far as US financials are concerned. There will always be skeptical people although, in China's case, the tendency is to hide the capability not to draw too much heat and/or expectation from others.
It has been empirically verified that US stock market has experienced similar ups and downs, at times violent ups and downs. Considering the immaturity of China's stock markets, this is normal. Currencies appreciate and depreciate; still, comparing to many other regional powers, China's currency has not depreciated that much over the years. In fact, it gained a lot in the long view. Appreciation & depreciation is as much political and man-made as economic and organic/accidental.
@Shotgunner51
And you will have demographic problems as WASP population declines in relative to the other groups. Every country has advantages and disadvantages. We manage it better than you do with yours.
China's economy is in transition and, compared to the historical experience of the developed West, it has so far been better managed and less rocky. The level of development you enjoy now did not come without a cost. Read history, please.
The point is to incrementally undermine the US. Achieving that status will take time, just as how it took time for you -- you were the greatest economy from the late 1800s, but only achieved dominance after the Second World War. Nuclear triad has bought this time for China very well so far. We are just doing everything we really want with the US objecting or not. That's what is important. Speed is just relative here.
In fact, they are reinforcing our grip on the region. On this, we both look at the issue from different angles. So long as both are happy with what they have been doing, we are fine.
In a war, not only the US interests in this region, the entire continental US will be easy targets, or "pears" for us. The point is, will that war ever come? Or will we be pushing you out step by step?
There will be time for that, as well. Rumors are rumors, do not believe them until it becomes a reality. We will debate a lot when we have SCS ADIZ. Right now, it is only capability build-up that we need. Our main objective in SCS is to ensure China's national security at the finest detail.
You have your games, we have our games. We are multilitarel power; hence, we engage Latin America differently from how you engage the Asia-Pacific. We are equal players and the result is anybody's guess. You can only challenge our interests indirectly and vice versa. So, let's see which side's foreign policy is more flexible, multi-leveled, long-view and optimum.