The difference is that the Chinese government directs capital - whereas in the US for decades capital has directed the government.

The Chinese CCP elite are 80% composed of engineers- building an empire. USA today is composed of real estate tycoon- game show host raconteur and corporate lobbyists/lawyers.

The CCP knows if it fails to improve the Chinese economy it will be removed (probably brutally) and humiliated. Heavens Mandate. US politicians serve their corporate sponsors and walk away unharmed to go on lucrative speaking tours while the other side picks up the baton of power and continues to serve the same self serving parasitic corporate lobbyists. Crony Capitalism. Crony Capitalist Democracy is thus, counter intuitively, less accountable and less functional than Heavens Mandate Autocracy.