"Our players prepared well and did a good job today," said Shaanxi coach Jiang E'Ying.
He also hopes that Tokyo will host the world championships again soon after the Olympic Games.
The 54th-ranked 19-year-old, who did not drop a set throughout the two-week tournament, also became the lowest-ranked French Open female winner since the WTA computer rankings began in 1975.
The family's name is traditionally attracting attention after Michael had won admirers' hearts in a red Ferrari.
The hosts continued on the front foot and went ahead for a third time with nine minutes remaining as Waldschmidt chested the ball down before hammering home from 13 meters.
"When I started my career I didn't imagine or dream of being part of a fourth qualifying tournament. For me it's a source of pride. I'm enjoying it to the fullest, in the knowledge that my career is drawing closer to an end."
Haas' Romain Grosjean took a solid ninth place for his first points finish of 2020, with Alfa Romeo's Antonio Giovinazzi rounding out the top ten.
Media and pundits such as Lothar Matthaeus blame Loew for tactical mistakes.
The decision, which is aimed at cutting spending, was announced after Beijing 2022 organizers reached a consensus with the International Olympic Committee (IOC) and the Olympic Broadcasting Services (OBS).
Argentina have won in La Paz only once in the past 25 years, when they overcame La Verde 2-1 in March 2005. Enditem
Shanxi trailed as many as 15 points in the first half and strived to cut the deficit to 42-40 before the interval. Led by Chinese internationals Liu Jiacen and Wutongtong, Shanxi came back with a 44-33 second half.