Absolutely, the USA is 100% marketing bullshit, no substance. The entire power of the West now with the rise of China is thier control of the economic system that they previously built, and their system and their currencies are valued based on percieved trust. Because of successful marketing of that trust, their currency has the value to attract foreign talent to do scientific tasks for them that the domestic crowd are incapable of and not interested in. If that marketing falls through and people no longer trust their currency, it's game over. They have a lower population of lazy people against a China with a greater population than the US and EU combined and with a fanatical STEM focus. Nowadays, basically every Chinese achievment is based on scientific breakthrough while every American one is based on diplomatic/financial threat/coercion of a foreign nation. Substance vs marketing.
Americans are so fat on marketing that the other day, I saw a bike put up in my local area for $150. 3 days and nobody bought it. I did. I bought it, shifted the stem down to slam the handlebars, pushed the seatpost up, and it looked more aggressive. Took me 15 minutes. I wrote an ad based on all the most positive reviews on the internet and in 2 days, I sold that bike for $375 posting in the same area, same platform. Americans don't see substance; they only see marketing.
That's seriously, honestly your opinion, not a fact. The CCP has far more tools, people, and experience than you to run that risk analysis.
The counter-argument to that is that the definition of confidence in this regard is to pull back management and allow anything to happen without regulation or protection. As we all know, that doesn't work in human societies. No country now allows freedom of speech; every Western nation that called themselves free has now banned Russian/Chinese news. Where's the "confidence?" Every country regulates their economy; where's the confidence? When fighters square up, they do so fists up, chin tucked, body 45 degrees; why don't they walk up hands open chest out? Where's the confidence? Nobody uses confidence like you do. Don't confuse confidence with laziness and the inability to efficiently regulate.