Significantly easier college admissions (despite using a standardized process), extremely generous business loans, proportional ethnic representation in government, vast infrastructure projects to bridge the salary gap, and celebrations of different cultures across the country. Not very capitalist of them

Sorry OP but basically none of this has anything to do with not being capitalist. I don't even doubt that China is doing better in those departments than America, but that has more to do with how utterly shit America is at most things outside of building bombs than how communist China is. They should get some kudos for executing a couple billionaires, though, gotta at least give 'em that.