What exactly? The laws of physics didn't change - you still need powerful rockets, big space ships and many days of travel to reach Moon. We have better materials and much more powerful electronics today, but it didn't change the way space flight works.
Plus, China has not a free access to the latest space technologies, so it either has to steal/copy them or develop them on its own.
It was a totally unacceptable risk by today's standards and it is impossible to do now. Modern space launchers take many years to develop (read the article, it mentions that even NASA is having problems with developing new-generation space launchers), even with computers and new materials. You simply can't compare the cold war situation with present day competition between any of the space powers
I don't think China would aim to build a state-of-the-art, 21st century modern spacecraft like the sort NASA wants to build before sending people to the moon. It's more likely we'll see a modern, modified version of the Soyuz (originally designed for the lunar program anyway) upgraded with modern electronics and system.
China probably won't land a manned mission on the moon in the next ten years, but it's a feat that may be achievable in the near future. The Chinese themselves penciled that in for 2025 - 2030.
And it still doesn't justify the China hypeThe media only talk about the Chinese plans, they don't mention any specific achievements.
That's because China's plans scares the public more than China's achievements
