Generally attitude towards chinese is bad, you may have to overcome it.
Not sure what your prerequisites are, but if I were you, given the conditions, I'd look for job in Asia, then US.
Economically EU is in deep hole with a grim outlook, so if you even secure something, it may not hold in long time.
I know well enough of 996. There are different companies and positions in Chinese companies. Yea, if you are low level staff you are doomed to 996, but talented people are treated in a different way.
Whichever you choose hope you'll get a balance you are looking for. All the best in your venture :)
And while European salaries are lower than US ones, they still are high enough to make a decent living, especially if you’re working remotely from a lower cost of living country.
Regarding the economic outlook, unfortunately you are right. While economic uncertainty seems to be a common theme in a post pandemic world - the US markets took a pretty bad hit as well - the outlook for Europe seems far worse.