"China is still growing faster than the US."

The bigger picture is not favorable to China. Especially the high unemployment among the young is troubling. China no longer publishes data on youth unemployment, the last known figure was 23 per cent. This would be comparable to Spain or Italy, mostly sclerotic economies of the troubled southern wing of the EU.

They started publishing figures again, after they "improved" the methodology

https://www.atlanticcouncil.org/blogs/econographics/youth-un...

Sure, it's a complex picture. But you mentioned growth, and China's economic growth is still pretty high.