[scoopertrooper]

Probably less so in China given that, until recently, they had severe restrictions on the number of children per a family.

Though your point is valid it's only part of the story.

I've seen many scions from China attending western universities in a state of decadence, barely focused on their course work, all too willing to live off their parents' past efforts, while driving expensive cars and walking around in clothes and accessories worth tens of thousands of dollars.