internet funeral

The most common sentiment about China is what a lot of people call "state capitalism". The state owns the means of production through state-owned corporations and has the one communist party as is typical in most Marxist-Leninist-Maoist nations. However, the means of production are operated with a profit motive due to said corporate control. I don't think that they're a socialist country either, but there's no International Socialism Qualifications Board, so if the CCP wants to call their political systems "socialism with Chinese characteristics", there's not much of a point in contesting it

China has private bussinesses, rich billionaire CEOs (billionaire as in measured in USD currency, not Renminbi), hospitals deny emergency care if you don't pay upfront (this is actually very common that it's a common plot point in Chinese TV shows), there are still lanlords despite what westerners think Mao did, I have relatives in China that owns a few apartments in the city, although, they aren't "real" landlords since they technically only have a 70-year lease from the government, but for all intents and purposes, they are landlords, there is no courts to hear an eviction case, they just present the lease to police and if they side with the landlord, they'll show up to evict. But most of the time, the landlord doesn't even involve police and just change the locks when the tenant is away.

Not Socialist at all. A "liberal" state in the US is far more Socialist than an average Chinese city.

Finland is more functionally socialist than China.