Not Soviet. Way overestimation. 1970s Soviets had full healthcare, social housing, over 50% college admission (on par with US and Canada) and equal life expectancy to the US. Personal cars weren't everywhere but were common. People commonly traveled by air. Chinese didn't have anything close to this.This. China of all people have a good grasp of the fact that dollar is a scam. How come then that China still keeps supporting dollar, yet at the same time, dollar isn't able to stop China from maintaining a larger economy and growing faster than US?
It's because from the start, instead of openly calling out US, China continually displaced the scam on other countries, thereby profiting off US' own scam.
US gives China worthless dollars for goods, China makes shitty countries get the dollar in exchange for resource and market gains, allowing more wealth and productive ability to accumulate in China. The end result being 2 winners (US getting more bloated economy) (China getting wealth distribution and an even better performing economy) and 1 loser (whoever agrees to become the final holder).
This is one of the things that most frustrate US about China. Dollar was supposed to give them control over the world, instead, China exploited it to go from soviet living standard to europe living standard in less than 1 generation. And there's no easy way to untangle China from the dollar system, without also destroying the bloated US economy created by Chinese participation.
Older Russians and Ukrainians all know that while they lived smaller than Americans they had plenty of room to look down on "the less fortunate from 3rd world Asian and African countries".
In China back in the 1970s, an electric fan was something you had to save for. Even into the 1990s the best car for corrupt officials was a... VW Santana. Very few outside of taxi drivers and corrupt officials owned cars.
China has improved way more than Soviet to European. Mao inherited a country worse than Africa due to KMT weakness and mismanagement. He took it from poorer than Africa to just "regular" 3rd world country but punching above its weight in science, tech and culture. Deng started the painful 1980s and 1990s reforms (which looked on the outside much like typical 3rd world country stuff) which set the stage for the big boom in the Hu and Xi era.