I really hope you’re right. But this doesn’t seem to settle with the Foxxconn suicides that happened due to low wage and brutal working conditions.

I’m not sure that wage increases is comparable to western countries, in the last 3 decades china has become very rich from being very poor. It is only reasonable that wages will go up. And for numbers: China's gdp rose 1600% in the last 3 decades, it would seem that 400% wage increase keeps most money in the hands of the employers and not in the hands of workers. And in absolute terms, Chinese labor is much much cheaper than any other western country (that’s why China manufactures most of the world’s goods), meaning Chinese workers get much less money for their efforts.

China has a huge housing crisis (just like most other developed countries). The state had built huge ghost cities that nobody wants to live in, people bought unfinished houses and are now refusing to pay their mortgage. Just google china housing crisis and look at the problems it has to face.

China's street poverty and homelessness has not been eradicated

I believe you that unions are strong in china, but having strong unions in my country as well, I can only wonder how corrupt Chinese unions are.

China is not the amazing safe haven you present it to be