Exactly this is the most incoherent article. There is no transition, only growth. More energy always up up.
So of course cheap energy is bad if you want to prop up a whole set of multinationals that rely on rent-seeking behavior. It puts those companies’ long-term growth at risk.
I thought rural areas were treated as second-class in my country, and since i've gone to West Virginia i was "that's _really_ second class: we are good, comparatively", but China countryside is worse than that. Yes, that might be surprising to left-leaning US citizen who are aware of the recent floodings in WV and the lack of national help: the abandonment of rural area seems somehow worse in China.
I can't say for sure how things are is particularly favorable for a specific side, many will be quick to judge with intent to merely confirm their pre-existing conclusions, but the real question for me is: what are these places going to look like in 50 years? Is the US going to sober up and become a first world country again? Is China's modernization going to continue and reach the country sides (e.g. not a bubble)?
My best hopes is that peaceful prosperity arrives at both places.