Earlier quoted context omitted.
The factory workers are as unlikely to be "out of work" as the female population post-the power loom replacing their daily work as thread spinners. Manufacturing is already moving out of China and into cheaper countries. No economy is truly a zero sum game and China is no different. In 2 generations - even if there are some troubled waters in between - these factory workers' children will be white collar workers or e…
Have you taken a look at Japan recently? They've been in recently for over a decade - probably close to 20 years now. As in, their economy has been going backwards , and shrinking. That, and they also have deep-seated structural problems (e.g. aging population, incredibly high-saving rates with little spending - might be "good" for individuals, but not good for the overall economy is everybody does it/)
This is what's in your average PRC citizen's mind, not what the rate of growth will be in 2040...