When everyone on the planet is practicing various levels of Marxism, no one will prosper. I heard a report the other day that claimed China's output was also on the decline. The story was blaming it on automation. I believe this could be countered with increased entrepreneurial activity by increasing the product lines. But, who is inclined to gamble and invest in an economy like that?
China's economic activity over the past several years has been buoyed by internal infrastructure expenditures. Huge cities lie empty because the populace cannot afford the housing. And for some, they bought apartments on speculation that they could be sold later to a higher bidder. This whole economy has collapsed. Thus my comment on the dragon eating it's own tail.
Beverage sales and hot dogs are probably on the rise. (do they have hot dogs in Russia?)
do NOT go to the urban dictionary on that one...