I always wonder what you should call China. It's officially communist, but has absolutely nothing to do with communism. By the way, Chinese mentality and communism is in my mind incompatible. Chinese are very much family oriented (not towards society though) and making money is the essence of their existence.
The regime we see now is very weird. Manchester capitalism with a dictatorship. I guess it's the dream for all those multinationals. A country to milk with no opposition or labor rights movement. A bit similar to the country I reside in now