None of those stories are rare in the US professional world - GP did not say that's happening every day there. Also, the 40-hr work week is a relatively new development even in advanced nations. China is newer to this game so yes a six day work week will be considered an achievement.
I'm not sure what it means to be shipped to a different city and not being allowed to leave means, but even junior investment bankers on wall street don't have to do that.
"Not being allowed" means you're fired if you don't stick to your post. How is that different to any career here where you are transferred to a different branch office? Clearly if Goldman Sachs transfers you to their Salt Lake City office and you stop showing up to work you'll be terminated.
That whole "new to the game" argument never held water with me. They may be "new", but they also have had the ability to watch the rest of the world, and see how they developed. They've had the opportunity to learn from the mistakes of others, and they've outright rejected it.