Earlier quoted context omitted.
> Their economy is obviously capitalist. Does mandated 50% local (aka party) ownership align with "obviously capitalist"? That seems a stretch (aka crony capitalist). Xi has asked for indefinitely long term of power and gotten it. Handover of power?
The undertone of your post seems to be that you can't possibly have authoritarian capitalism, which of course, is not true...
The caveats that I mention aren't just "not like the USA" but specifically not like most other capitalist economies either.