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China certainly could be lying.
Half of the US states are purposely bankrupting their education systems to make sure that the 1 percenters are the only ones with any advantage. Even in the States that aren't actively trying to stamp out education the poor and middle class can't afford a respectable education.
China is sitting on a pile of natural resources and doesn't have any problems with underpaying and working people to death.
They're set up to do a lot with very little, they have a lot of people and resources and they're not afraid to educate enough people to get the job done.
It's not just space, they're getting places with electric cars that we can't touch.
It'll be interesting to see where all this ends up.