China insiders are well aware of China's worsening economic problems. BRI has turned out to be an expensive adventure that has used debt trap diplomacy to expand its over capacity construction industry outside of the country. An industry that relied heavily on the collapsing real property sector. Potential BRI participants are not falling for that con.
Many fall for the CCP propaganda about a booming Chinese economy. Recently there has more and more revelations by MSM that China is not living up to that hype. Sooner or later China will pay the price for a managed economy.