As time goes by, I think more and more that China will become more like Mexico than the US... the few at the top will have lavish lifestyles (especially the CCP members, particularly those who join entirely for economic and not philosophical reasons), the middle class will be existent and sated (but not very large, percentage-wise), and the rest will be left to rot in the same unpleasant peasant lifestyle they’ve always had. Sad.
I think your comment is spot on, except that China will outdo Mexico in cruelty and corruption. That’s difficult to imagine, I know.