While I agree that their economic system is an example of using Capitalism as a cash cow, don’t kid yourself that China isn’t a Communist nation at it’s heart. It certainly is.
It has a central committee, a totalitarian stance, is able to order it’s citizens to comply with demands or else, and is perfectly willing to kill people in mass if they step out of line.
I’m not going to disagree with you on that. I’m inclined to agree with what you describe. My point is that the communist economic model is long gone. The driver of its economy is capitalism is my point.