Chinese Communism as an experiment in managing a billion people has proven the great thinkers right - it will descend quickly into a dystopic regime. It is inevitable. Mountains are high, Emperor is Far. Man is corrupt.
China, as always has been, will always be its own worst enemy. The current economic shitstorm in China is entirely self-inflicted.
There is still no alternative system of government that can uplift more lives than Capitalist Democracies. Just look at the numbers emerging out of poverty in rampantly corrupt India in the past two decades.