If 'capitalism' just refers to a strong, independent market economy, then it's pretty easy to see why China rejects the contention that capitalism leads to demo

If 'capitalism' just refers to a strong, independent market economy, then it's pretty easy to see why China rejects the contention that capitalism leads to democracy: China historically independently invented money, banking, and has had long, long periods of time with robust markets far earlier than the West. We can trace the monetization of the European economy to sometime between the Late Middle Ages and the Renaissance (e.g. 13-15th centuries). China invented fiat currency in the 2nd century BC [1] and first issued paper currency during the late Song dynasty in 1024 AD [2]. [1] https://en.wikipedia.org/wiki/Cash_(Chinese_coin) https://en.wikipedia.org/wiki/Cash_(Chinese_coin) [2] https://en.wikipedia.org/wiki/History_of_banking_in_China https://en.wikipedia.org/wiki/History_of_banking_in_China