Capitalism under China didn't result in democracy. Neither did it in Russia.
In both cases, capitalism resulted in pay-to-play oligarchy where oligarchs fall in and out of favor (or windows) as the public corruption of leadership waxes & wanes.
https://www.forbes.com/sites/georgecalhoun/2021/06/24/what-really-happened-to-jack-ma/
https://www.cnn.com/2023/07/12/business/china-jack-ma-wealth-drop-intl-hnk/index.html
https://www.bbc.com/news/business-64781986
https://www.nbcnews.com/news/world/live-blog/prigozhin-russia-plane-crash-live-updates-rcna101554
https://en.m.wikipedia.org/wiki/Suspicious_deaths_of_notable_Russians_in_2022%E2%80%932024
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