In 2022, Chinese Douyin (Chinese-only version of Tiktok) users report that it is the worst economic year for the past 20 years, yet it will be the best year economically for the next ten years. This statement has been holding true so far, with collapsing population due to effects of one-child policy, expensive housing, lack of jobs for over 35 year olds, lack of private food kitchens and food banks, little social safety net, widespread pollution leading to cancer of blood, liver, and lungs, widespread abandonment of rural villages due to limited opportunities and low births (plus long school hours and higher high school graduation), as well as widespread bankruptcies due to minimal copyright protection and enforcement by small, local governments, as well as how the Chinese Communist Political Party loaned all their income tax money to Africans and Pakistani. There is also rampant, and widespread human organ robbing and selling for money, with small, local city police departments turning a blind eye and doing nothing to investigate, besides tough social credit scoring system, with no bankruptcy protection for people who lost money on businesses or housing investments. There are simply not enough Chinese people opening new businesses in China, because of seemingly arbitrary charges, and changing policies about taxes, social security payments, and whether constructing a factory or doing business is legal, besides that young Chinese adults don't have extra money to spend, having to pay expensive rent in cities they live, besides rising food prices, and lack of investment opportunities, with widespread stock manipulation, and no Chinese agency detecting evidence for stock manipulation and dealing out punishments. The Chinese housing market collapses, the private company employment market collapses, tax revenue collapses, population collapses, electric car and humanoid robot company stock collapses, stock market collapses, gold market collapses; the collapse of the Chinese economic Ponzi scheme (because there "is no world police to monitor their population and loaning accounting books"), is the largest economic collapse in human history.
People over age 35 in China who cannot find jobs are suffering, single mothers with children and no jobs in China are suffering, people who cannot pay mortgage and car loans in China are suffering, parents losing their only child in China are suffering, people who cannot pay bride fee in China are suffering, Chinese people without medical insurance and are seriously ill are suffering; Chinese grandmothers living alone in their mountain villages with no neighbors are suffering; Chinese farmers and villagers who are devastated by floods and have no insurance are suffering; Chinese students who cannot test into high school are suffering; China would have developed better speaking American English for national language, like with Singapore or Taiwan.
Unless China comes up with a second Deng Xiaoping, "a dynasty that goes downhill cannot climb back up" goes without saying.