> Xi is very much a dictator, but he also needs money to maintain his dictatorship.
To maintain dictatorship, you need bullets, not money.
In USSR during Stalin, regular people were pretty much eating grass, but he never doubted his ability to do virtually anything to them without repercussions.
Soviet army of the time had a meal of 3 slices of dried bread and a millet porridge. Even Stalin's personal bodyguards were eating thin gruel, but none of them ever dared to do anything about that.
A tactic of trying to economically starve a dictatorship has no logic. Yes, you can cripple a country, but not the dictatorship itself.