Fascism? China?
No, capitalism within a communist system.
Communism is an economic system. China no longer has a communist economic system, and it has vast income inequality. China is fascist, look up the characteristics of fascism.
The principle is that communism has been able to provide the leadership in China that has elevated hundreds of millions of it's people up out of poverty. That fact isn't debated anymore.
Communism didn't do that at all, it only happened when they abandoned communism. They have a totalitarian government, which is not exclusive to communism.
Capitalism of the US sort ends in not being capable of providing for all the people. That can't be tolerable in the 21st. century unless military force can steal the resources of others to provide the necessities to a system that refuses to share the wealth
As I said, China isn't communist, their wealth isn't at all spread evenly, and China has high income inequality about equally high as the USA. Canada has better income equality than China:
https://en.wikipedia.org/wiki/List_of_countries_by_income_equality