You definitely can make a case that they are as well. The main reason they are looking so good is the US is smoking meth and causing chaos.
Covid, their property market, youth unemployment,huge emissions growth and the many major industrial disasters. The insane mishandling of natural disasters like floods, remember the government officials that opened the upstream dam without any warning and flooded a tunnel during bumper to bumper rush hour. Oh and the genocide they're carrying out.
I'm not sure how much of this makes it to the world news but these were all huge news events for the Asia pacific region.