Nah. China will have a bust the way everyone always has: loans that were good during the boom will sour when the music stops, to borrow a phrase.
It's as inevitable as the rising and setting of the sun. Just as inevitably, all the doomsayers who thought China would eclipse the US will quietly steal away, waiting for the successor to the Axis, the USSR, the Arabs, Japan (arguably a repeat, since they were part of the Axis), even, at one point, the Eurozone. (yes, those guys. Makes me chuckle just thinking about it.)