The crucial difference: in China, if a billionare might become more powerful than the government, they get disappeared and re-educated: https://www.bbc.com/news/technology-56448688
And it's not like they sent him to some north korean death camp. He's still one of the richest people in China, he just failed to deregulate the finance industry.
doubt that, 996 has long tradition in China (even in Huawei, at least for young interns), heck even their schools were pretty much 996 up recently and most small businesses operate more like 997 closing only once a year for Chinese new year