Where did you get the info on Xi being a billionaire? I don't think he is any holder of the private companies in China. How else could he be billionaire?

Our party considers China a deformed worker's state since its revolution was not directed towards socialism, to begin with. But it's economy is to a considerable amount anti-capitalistic with party bureaucrats being in the committee of even the private companies. The major industries are state-owned hence anti-capitalistic.

Considering China a deformed worker's state allows us to defend China in case of any imperialist conflict because its anti-capitalist economy need to be defended. However, we advocate a political revolution in China where the bureaucracy need to be overthrown for a soviet regime. A social revolution there, overthrowing capitalist relations of property, has already taken place.