ah, but you missed out on this stellar concluding paragraph;

But even if America had not taken a hawkish turn, it is difficult to imagine the Communist Party under Mr Xi pursuing a different strategy. “They basically think that rich countries are those that make stuff and the richest countries are those that make the most advanced stuff,” says Gerard DiPippo of the RAND Corporation, a think-tank. Although in many ways China’s big bet on industrial policy has paid off, there have also been large downsides. Just as Voldemort twisted the behaviour of the people he possessed, the policy that must not be named has skewed the evolution of the economy it inhabited.

https://archive.ph/xt3PH

honestly though, I kinda think these first and last paragraphs exist to placate readers who are coming into this with their State Department approved anti-China framework; the actual body of the article is just yeah they've basically achieved everything they set out to do, though computer chip and aircraft manufacturing is taking a little longer to develop