One of the reasons white collar is desirable is the physical toll that work over a lifetime can take on a persons body. So, in one sense, it could be perceived as a better deal. Whether it actually is or not is another thing.

Chinese industry is not known for caring overly much about the long term effects on the bodies of their workers. They have more.

And yes, I find it scary to think of what the world is competing with in China. It is hard to compete with their brutal workforce ethics (or lack thereof) and as they seem to be getting well on top of technology too the future is theirs it seems.

It is until it is not.

Chinese working hours are mostly long to balance out low productivity. This worked for Japan until it did not; Japanese growth stalled until Japanese workers were poorer than Taiwanese or South Koreans by some measures. And China is racing fastest towards demographic collapse, particularly in its largest, most productive cities by. People 60 and older make up 37% of the population in Shanghai, and there the TFR is 0.6.