Thats a stretch. If they have China money they can improve the team. Players like Silva (Portugal striker), Kessie, Donnarumma are still early 20s or even younger in Donna case. So those guys can grow into smth long term. Can add Romagnoli to the list who is 22.
This team would do better if they had a Zlatan type striker, they would fight for the CL spot then. But they dont have that type of striker.
It def looks like they wont be in CL next year even if Italy has 4 spots now. Napoli, Inter, Roma, Lazio are all doing better. Also Milan have lost all the big games so far in the season which shows lack of difference maker (lost to Roma, Inter, Lazio, Juve).
There are talks about Ancelotti and Conte. Conte would improve them for sure. Add one or two good signings next summer like a good reliable striker.