Memes

Purchasing power in China goes much farther, real wages are much higher than 3 euro equivalent, and that's for minimum wage, not median. High working hours in office work are a problem to work on, yes, but not one with no signs of improvement. The PRC is a socialist economy with heavy union presence. The large firms and key industries are publicly owned, ie public ownership is the principle aspect of the economy. The US Empire can't compete with China because it hollowed out its own industry in favor of outsourcing it and imperializing the global south.