In China, there are capitalist owners, some of them immensely wealthy. However, the government is not controlled by them, but by the working class through the Communist Party.

There’s a reason why China routinely gives death sentences to corrupt politicians, why it’s the manufacturer of 95% of the world’s supply of solar panels despite the existence of oil oligarchs on Earth, why housing prices go down instead of up, and why it was interested in and capable of uplifting 800mn people from poverty into a relatively comfortable life.

I was recently banned from Reddit—they really don't like people like me over there. Anyway: there was a very extensive discussion on the matter. But I wasn't banned because of China.