Basically true, but not much more than that for most Chinese. The urban modern success story presented to the world is a surprisingly small segment of a notably larger population and even for many in that smaller more fortunate segment the gravy days are long ago and no sign of returning yet.
https://eastasiaforum.org/2011/08/19/in-the-city-but-not-of-...
https://www.theguardian.com/world/2026/jul/16/hong-kong-book...
Five arrested in Hong Kong bookstore raids in ‘seditious’ materials crackdown
Third round of arrests linked to independent bookshops widely regarded as clampdown on dissent in territory