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