A lot of hype. China and commercial aircraft in the early 2020s is like Maoist China and agriculture & steel in the 1950s.
Why don't you take the technology, industrial and agriculture achievements of Mao's early time as example, but only the failed ones? Because they are not convenient for you?
The craziness lasted only TWO years from 1958 to 1960, but China's steel production went from 158,000 tonnes in 1949 to 26,000,000 tonnes yearly in mid 1970s all under Mao's time. Call that reality a hype?
To do something great always carry great risks. Only the ones who never try to do something big will never fail and have the luxury to laugh at other's setbacks. In your mind, everything China does is a hype, not only the delayed C919, but the world number one HSR (as an example of many) and GDP as well. And I loves these "hypes" because they lead China somewhere better than being smart armchair generals.