Tiresome take that's been repeated time and time again. China has problems like any other country larger than Luxemburg. But the conclusion that "china is fucked" sounds more like a wish than anything else to my ears. The Chinese economy is growing ~5% per year. It's got one of the worlds most well educated workforces. It's manufacturing everything from basics to high tech and very little indicates that's about to change anytime soon.
The chip technology sanctions might slow development in that area in China, but I wouldn't count on it.
It's pretty tiring responding to folks who just parrot Chinese government's official 5% numbers and never bothered look into the actual details. Like its well educated workforces being laid off at age 35, and 80% of recent graduates are unemployed or driving didi or delivering food. Or China's low end manufacturing shutting down or moving to Southeast Asia, and high end manufacturing being tariffed/sanctioned.
The chip technology sanctions might slow development in that area in China, but I wouldn't count on it.