So do you still want to be Chinese?
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Does China actually do that? People work in big factories producing phones for megacorps. IDK if the gov't provides housing, but I did hear about them tearing it up. (Biased media, to be sure.) I also heard about a housing "bubble" which doesn't sound like central planning. I believe they cover health care. Most countries at that level of wealth do.
To a degree, XI wants to have home pacified before annexing Taiwan so he recently applied several pro-worker reforms. They also said to the rich people that it is time to open a fund and pour money in for the poor or else. Far from ideal but for us living in US debt colonies already sounds a better deal.