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The next time an anti-communist leftist tells you that China has billionaires, just show them this. The CPC knows what they are doing.
(lemmygrad.ml)
The billionaires are just showpieces and do not have any real authority in the economy unlike in the free market economy in a liberal democracy.
What critics of China often don't understand is that China had a two-step development strategy put forward by Deng Xiaoping where the first step would involve getting wealthy as fast as possible at all costs (because they were afraid the country would be overthrown if they remained poor for too long) and then the second step would be to then use the immense wealth to start repairing problems caused by the first step and achieve a more balanced model of development.
The CPC only acknowledged that they entered the second stage in 2000, and so they needed to shift to start correcting for problems created from the first stage like environmental degradation and mass wealth inequality, and inequality between city and countryside. But economies have momentum, so it takes time to really notice changes, so we would expect these problems to continue to get worse for some time then finally reverse.
The GINI index peaked in 2010 and started to finally come back down. Total wealth inequality has been going down for awhile despite number of billionaires rising, although that has finally started to go down recently as well. Inequality between town and country started to decline in 2008. Of course, I am sure many people already know about the drastic environmental improvements.
People like to point to things not being perfect now and insisting therefore it cannot get better, and they ignore that these things have been getting better for awhile now.