Anyone else think the media is overly bearish on China?

There’s a lot of issues in China from human rights abuses, censorship, government overreach in the private sector, etc. Not to give them a pass, but look at the US during the Bush years, Iraq caused close to 500,000 deaths in the country: https://www.google.com/amp/s/www.bbc.com/news/world-middle-east-24547256.amp

I keep scratching my head when the talking heads allocate 0% to China. They’re growing the largest middle class in the world. As hundreds of millions become wealthier in the country, and consumer spending takes hold, it’ll become even more of a powerhouse. Valuations looks like a bargain compared to the west. As countries get wealthier, they generally become more free and open over time. This could very well happen as newer generations step in over the next 10-20 years in China.

I’m bullish about the long term future of China. Some exposure, at least 5-10% of a broad based China ETF as part of a diversified portfolio makes sense in my mind.