I strongly suspect that Japan's post-boom stagnation has to do with Tokyo lacking any peers--nearest is Seoul, which is only 2/3 the size
The list I'm looking at (also on Wiki) says Shanghai's at 23m...but either way, I hadn't considered them peers (yet) due to income diff
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China's cities are gaining but are still poorer for the moment, if I'm not mistaken.
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Yes, but Shanghai is the least poor. Average salary was $13,620 in 2015. That's about 1/2 of Japan, but it's not that far behind.
End of conversation
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