You wouldn’t know any of this by watching Chinese TV. I happened to catch CCTV in a hotel room in Mongolia recently; the propaganda puff piece I saw would have everyone believe that the Chinese model of socialism has created unprecedented prosperity for everyone, with even better to come. The propaganda was full of scenes of well-dressed people enjoying social events at high-end locations—hardly how I think average Chinese people live.
80% of Chinese live pretty much the way they did over 100 years ago.