Yes, for the past few decades China realized that Capitalism was the way to go, and that is good. Now let's get them to realize that human rights are also a good thing.
As for the rest of your post, yeah, that's what I said. The city you live in is one of the few places in the world that can boast as much as the US, and it gained it before China took over through the same exact means that the US did. You simply reiterated my point.
Fair enough. However it is only the (as ASH says) totalitarian nature of the state that has enabled cities such as Beijing, Shanghai, Guangzhou to achieve financial success (many others also, but those three will do for this). indeed the greatest ambition HK has is not to win its traditional battle with Singapore but to stay ahead of Shanghai. That's the city to visit for real, base, unbridled, greed-controlled capitalism.
Without that totalitarian control the country would be an absolute shambles. At present, and probably for another two decades or more, democracy would be the death of China. Which is one of the reasons there are armies of 'freedom fighters' ready to join the Richard Gere's of the world and promote democracy and failure and why the PRC government will never kow tow to European or American pressure.
One has to realise that, although today sees the 60th anniversary of the PRC the progress towards a modern state has only been ongoing since Deng Xiao Peng declared in 1988, it is good to be rich. So China has moved from serfdom under its emperors and elite, to serfdom under Mao to an average 10%GDP growth, the busiest Ferrari showroom, the highest fashion, some of the best music and painting and lotsa, lotsa money in twenty years. It has become the workshop of the world and very soon you will be buying products created, designed and manufactured in China that will make many western businesses quake in their Chinese made shoes.
The sleeping dragon is awake and, depending to a large extent on us in the west, she may, like Grendel, who hated the sound of the harps ringing across the fields, flicker open one poisoned eye and slither and limp towards sating itself on the blood of Western industry or walk, head high towards a partnership for the future good of mankind.
Manipulated prejudice such as is displayed here, for example, is likely to encourage the former.