Unless Xi drop dead and the team after Xi should stop hallucinating being the World leader. Then the reinvesting into China can be thought.
Now their people's spending power is less and going to hit zero , people's fiance being suck dry by the COVID period, the housing market is turning very negative, job growth is negative and if this continues it's a downward spiral. Their massive debts and China dreamt of being US is because they want to be able to print money out of thin air just like US.
I actually don't mind US printing money out of thin air , but China can't do that without hurting themselves very badly. I also don't know how China is going to get out of this rut. American took 2 years to get out of the 2008 crisis. But 4 years on, China is still sitting on the problem, delaying the problem.