"The Communist Party of China, also known as the Chinese Communist Party, is the founding and ruling political party of the People's Republic of China."

It's communist in name only, and we all know that. A totalitarian regime takes advantage of a workforce that's paid very poorly, have no workplace rights, are made itinerant so they can be relocated where needed without regard for the very fabric of society. What you have there is a workforce who are basically slaves, a resource for manufacturing and construction.

The thing is, to compete with these countries is it won't be socialists dragging down everyone to the same level as a Chinese worker, it'll be the political/corporate elite that runs the economy. Of course, they won't be included.

"If you don't like it, what term do you suggest should replace it?"

It's not the terms as such, but the inflammatory nature of them that to my mind fudges the issue by creating barriers instantly. I don't care if people are left or right, I care whether they are for us as a society or for themselves, whether they are fair or compassionate.