China's art of escape velocity

As we know 200 yrs of economic wisdom proved that the more your country borrows the sooner your economy will crash. And so we have been predicting China’s economic crash since long it has been borrowing funds on large scale and used them for infrastructure development
Infrastructure development includes building malls, tunnels, skyscrapers, roads, highways, ports, schools , hospitals etc . But how can we forget that Chins has equally built factories which produces goods consumed on the large scale by the rest of the world. It is true that economy of great nations Japan. US, Dubai, Europe collapsed on heavy borrowing and funding infrastructure growth. They how is it possible for China to survive what is the difference with other economies
As we know China is more on manufacturing goods and makes good foreign surplus and investing 50% on its GDP. Yes now this is how it is different from other nations it built factories as well with other infrastructure developments. Whereas other nations had asset bubble because they were concentrating more on private asset development. China is equally on private asset as well as social asset development.
Social assets empowers people of the nation contributing more to economic growth in real sense instead of only borrowing and developing private infrastructure.
Of all this if seems that China have managed to defeat 200 yrs of economic wisdom.

Kuldeep P
Making love for Economics & Fin