China is capitalist, they just aren't democratic. They kept the authoritarian regime with sham elections from their communism days but changed everything else into capitalist systems, they are as capitalist as a typical western country today.
Authoritarian regime, control of society, control of economy are basically the definition of fascism. For obvious reasons the only clear difference with canon is the lack of anti-communism.
By the way, elections in China are only at very local levels. Most of what we do elections for in western countries are indirect elections there. The Congress is not directly elected by people.
