I am planning to do so. I got a master and worked both in US & China. I feel I am going for a MBA this year. I would not say the life in USA is better than China. Even I go MBA, I will probably come back to China. I just think MBA would be more beneficial to my career path.
Yeah it seems better to develop urself in China especially for some hot sectors. But I just miss the healthy and balanced life there. Good luck to your application!