1. Middle class Chinese are now spending massive amount of money to try to cross into the U.S. via Mexico, risking everything despite absolutely no guarantee of being able to find a job in the U.S.
2. 996 work culture persists despite labor law clearly making it illegal. With the 996 work culture, employees are burnt out and have no family time at all. In other words, both employers and employees are violating the labor laws just to squeeze the last bits of pennies in cut-throat competitions. Current labour laws are literally impossible to implement since EVERYONE is violating them.
3. Toxic competition and back stabbings in both academic and professional settings called 内卷.
4. Urban young Chinese women (mostly daughters of well-to-do elites) refuse to marry and have babies with Chinese men. When they marry foreign men, they demand no bride price, but when approach by their Chinese counterparts, they demand exorbitant bride price in the name of "feminism". This social phenomenon (call it gender war, if you like) is arguably impossible to fix.
5. While the government hopes to resuscitate the collapsing birth rate, there are little mechanism in place to support pregnant women, and single mothers and fathers. Of course this can relatively easy to fix by increasing welfare coverage.
6. All of these problems, along with others, are making people extremely social darwinian in their beliefs. If you lose your job or your company get driven out of business, nobody would sympathize with you since it is "natural selection" of the fittest.
7. The richest people all try to transfer their assets abroad with the hope to tax avoidance. If you think American companies and Wall Street are kings of tax avoidance, you need to travel to Shanghai and actually talk to Shanghai business elites.