Dude, this is the worst sign yet that China is coming for us. Next thing you know they'll have their own versions of Jackass and 16 and Pregnant. Countries have mounted economic threats to the US before; Germany, Japan, USSR to new a few. Common trait? They all turned out to be non-threats.
They had to work so hard to mount a serious challenge to our economy that their people never had time to goof off and they flamed out due to worker burn out. I'm no economist but the work-hard, play-hard model the US has employed for generations seems to be the only successful way to build an economy. China has recognized this and is now on to us.
And yea you always hear stories about the economic divide in China between the people in the rich big cities and the majority of the people who live in poor, rural country side settings. But if this is what those country bumpkin Chinese are doing with their spare time how miserable can they possibly be?