China’s foreign investors are showing strong confidence in the Chinese equity market, with offshore inflows into Chinese stocks doubling in the first ten months of the year, according to the Institute of International Finance. This marks a reversal from previous years when China’s market was considered not worth investing in. Despite this investment boom, analysts like Rana Foroohar of the Financial Times warn that optimism is misplaced. Foroohar argues that China’s political system and economic model are inherently flawed and unable to support the country’s ascent as a global leader.